News

Notice To Stapled Securityholders On Exchange Rate For Computation Of Distribution

BackMar 23, 2023
Announcement Title Cash Dividend/ Distribution
Date & Time of Broadcast Mar 23, 2023 19:04
Status Replace
Corporate Action Reference SG230223DVCANANU
Submitted By (Co./ Ind. Name) ARA Trust Management (USH) Pte. Ltd./Yan Lintong
Designation Finance Director
Dividend/ Distribution Number Not Applicable
Financial Year End 31/12/2022
Declared Dividend/ Distribution Rate (Per Share/ Unit) USD 0.01627
Dividend/ Distribution Period 01/07/2022 TO 31/12/2022
Number of Days 184
Event Narrative
Narrative Type Narrative Text
Additional Text ARA US Hospitality Trust has announced a distribution of 1.627 U.S. cents per Stapled Security for the period from 1 July 2022 to 31 December 2022 comprising solely tax-exempt income distribution from ARA US Hospitality Management Trust.
Taxation Conditions Please see attached.
Additional Text This announcement is made to attach notice on exchange rate for computation of distribution.
Event Dates
Record Date and Time 03/03/2023 17:00:00
Ex Date 02/03/2023
Option 1-Cash Payment Details
Election Period 08/03/2023 TO 20/03/2023
Default Option Yes
Option Currency Singapore Dollar
Payment Type Tax Exempted
Gross Rate (Per Share) USD 0.01627
Net Rate (Per Share) USD 0.01627
Pay Date 30/03/2023
Gross Rate Status Actual Rate
Currency Pair SGD/USD
Exchange Rate 1.3246
Gross Rate in Option Currency SGD 0.021551
Note- Any information entered in narrative will not be used in processing
Narrative Type Narrative Text
Additional Text The exchange rate of US$1 = S$1.3246 is as of 23 March 2023.
Option 2-Cash Payment Details
Election Period 08/03/2023 TO 20/03/2023
Default Option No
Option Currency United States Dollar
Payment Type Tax Exempted
Gross Rate (Per Share) USD 0.01627
Net Rate (Per Share) USD 0.01627
Pay Date 30/03/2023
Gross Rate Status Actual Rate

Applicable for REITs/ Business Trusts/ Stapled Securities
Attachments
  1. Notice Of Record Date (Size: 107,626 bytes)
  2. Exchange Rate (Size: 85,689 bytes)