News
Notice Of Record And Distribution Payment Date - Capital Distribution
BackFeb 25, 2020
| Announcement Title | Capital Distribution |
| Date & Time of Broadcast | Feb 25, 2020 8:40 |
| Status | New |
| Corporate Action Reference | SG200225CAPDOHJF |
| Submitted By (Co./ Ind. Name) | Simon Garing |
| Designation | Chief Executive Officer and Executive Director |
| Dividend/ Distribution Number | Not Applicable |
| Financial Year End | 31/12/2019 |
| Dividend/ Distribution Period | 02/07/2019 TO 31/12/2019 |
| Number of Days | 183 |
| Event Narrative | |
| Narrative Type | Narrative Text |
| Additional Text | Cromwell European Real Estate Investment Trust ("CEREIT") has announced a distribution of 2.03 cents (EUR) per unit in CEREIT for the period from 2 July 2019 to 31 December 2019, comprising a tax-exempt income component of 1.269 cents (EUR) per unit and a capital component of 0.761 cents (EUR) per unit. Please see attached for details. |
| Additional Text | Unitholders whose Units are held directly through CDP will receive their Distribution in SGD unless Unitholders elect to receive their Distribution in EUR by submitting a completed Distribution Election Notice to CDP by Thursday, 19 March 2020. No action is needed for Unitholders who wish to receive the Distribution in SGD. |
| Taxation Conditions | The Capital Distribution represents a return of capital to Unitholders for Singapore income tax purposes and is therefore not subject to income tax. For Unitholders who hold the Units as trading assets, the amount of capital gain distribution will be applied to reduce the cost base of their Units for the purpose of calculating the amount of taxable trading gains arising from the disposal of the Units. |
| Event Dates | |
| Record Date and Time | 04/03/2020 17:00:00 |
| Ex Date | 03/03/2020 |
| Disbursement Details | |
| Cash Payment Details | |
| Payment Type | Tax Not Applicable |
| Gross Rate (per share) | EUR 0.00761 |
| Net Rate (per share) | EUR 0.00761 |
| Pay Date | 30/03/2020 |
| Gross Rate Status | Actual Rate |
Applicable for REITs/ Business Trusts/ Stapled Securities |
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Attachments
- Attachment 1 (Size: 225,350 bytes)