News
Notice To Unitholders On Confirmation Of Distribution Amount And Exchange Rate For Computation Of Distribution In Euro - Capital Distribution
BackMar 24, 2020
| Announcement Title | Capital Distribution |
| Date & Time of Broadcast | Mar 24, 2020 8:13 |
| Status | Replace |
| 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 | Subsequent to the announcement on the Notice of Record and Distribution Payment Date on 25 February 2020, the Notice to Unitholders on Confirmation of Distribution Amount and Exchange Rate for Computation of Distribution in Euro is attached. |
| 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. |
| 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: 144,323 bytes)