Scrip Election/ Distribution/ DRP::Choice

Issuer & Securities

Issuer/ Manager
ELITE COMMERCIAL REIT MANAGEMENT PTE. LTD.
Security
ELITE COMMERCIAL REIT - SGXC59097235 - MXNU

Announcement Details

Announcement Title
Scrip Election/ Distribution/ DRP
Date &Time of Broadcast
19-Feb-2024 07:59:39
Status
New
Corporate Action Reference
SG240219DVOPCO9H
Submitted By (Co./ Ind. Name)
Liaw Liang Huat Joshua
Designation
CEO
Dividend/ Distribution Number
Applicable
Value
9
Dividend/ Distribution Type
Interim
Financial Year End
31/12/2023
Declared Dividend/ Distribution Rate (Per Share/ Unit)
GBP 0.0133
Dividend/ Distribution Period
01/07/2023 TO 31/12/2023
Number of Days
184

Event Narrative

Narrative Type
Narrative Text
Additional TextElite Commercial REIT has announced a distribution of 1.33 pence per unit for the period from 1 July 2023 to 31 December 2023.
Taxation ConditionsThe Distribution will be out of tax-exempt income and therefore exempt from Singapore income tax in the hands of all Unitholders.
Additional TextPlease refer to the attached.

Event Dates

Record Date
27/02/2024
Ex Date
26/02/2024

Option 1-Cash Payment Details

Election Period
07/03/2024 TO 15/03/2024
Default Option
Yes
Option Currency
Singapore Dollar
Payment Type
Tax Exempted
Gross Rate (Per Share)
GBP 0.0133
Net Rate (Per Share)
GBP 0.0133
Pay Date
28/03/2024
Gross Rate Status
Actual Rate
Currency Pair
SGD/GBP

Option 2-Cash Payment Details

Election Period
07/03/2024 TO 15/03/2024
Default Option
No
Option Currency
United Kingdom Pound
Payment Type
Tax Exempted
Gross Rate (Per Share)
GBP 0.0133
Net Rate (Per Share)
GBP 0.0133
Pay Date
28/03/2024
Gross Rate Status
Actual Rate

Security Option Details

Election Period
07/03/2024 TO 15/03/2024
New Security ISIN
SGXC59097235
New Security Name
ELITE COMMERCIAL REIT
Security Not Found
No
Fractional Disposition Method
Round down fraction to last full unit

Attachments

Elite Commercial REIT-Notice of Record Announcement.pdf
Total size =143K

Related Announcements

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27/03/2024 17:28:10
20/03/2024 18:39:39
27/02/2024 21:47:42

Applicable for REITs/ Business Trusts/ Stapled Securities