News
Notice Of Record And Distribution Payment Date - Tax-Exempt Income Distribution
BackFeb 27, 2020
| Announcement Title | Cash Dividend/ Distribution | ||||
| Date & Time of Broadcast | Feb 27, 2020 12:17 | ||||
| Status | New | ||||
| Corporate Action Reference | SG200227DVCAZ86T | ||||
| Submitted By (Co./ Ind. Name) | Simon Garing | ||||
| Designation | Chief Executive Officer and Executive Director | ||||
| Dividend/ Distribution Number | Applicable | ||||
| Value | 4 | ||||
| Financial Year End | 31/12/2019 | ||||
| Declared Dividend/ Distribution Rate (Per Share/ Unit) | EUR 0.01269 | ||||
| Dividend/ Distribution Period | 02/07/2019 TO 31/12/2019 | ||||
| Number of Days | 183 | ||||
| Event Narrative | |||||
| Narrative Type | Narrative Text | ||||
| Additional Text | The cash distribution announcement released on 25 February 2020 at 8.39 AM has been withdrawn and replaced with this announcement using the suitable announcement template as advised by SGX. | ||||
| 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 Tax-exempt Income Distribution is exempt from tax in the hands of all Unitholders. No tax will be deducted at source. | ||||
| Event Dates | |||||
| Record Date and Time | 04/03/2020 17:00:00 | ||||
| Ex Date | 03/03/2020 | ||||
| Option 1-Cash Payment Details | |||||
| Election Period | 10/03/2020 TO 19/03/2020 | ||||
| Default Option | Yes | ||||
| Option Currency | Singapore Dollar | ||||
| Payment Type | Tax Exempted | ||||
| Gross Rate (Per Share) | EUR 0.01269 | ||||
| Net Rate (Per Share) | EUR 0.01269 | ||||
| Pay Date | 30/03/2020 | ||||
| Gross Rate Status | Indicative Rate | ||||
| Currency Pair | SGD/EUR | ||||
| Exchange Rate | 1.52 | ||||
| Gross Rate in Option Currency | SGD 0.019289 | ||||
| Note- Any information entered in narrative will not be used in processing | |||||
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| Option 2-Cash Payment Details | |||||
| Election Period | 10/03/2020 TO 19/03/2020 | ||||
| Default Option | No | ||||
| Option Currency | Euro | ||||
| Payment Type | Tax Exempted | ||||
| Gross Rate (Per Share) | EUR 0.01269 | ||||
| Net Rate (Per Share) | EUR 0.01269 | ||||
| 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)