News
Notice To Stapled Securityholders On Exchange Rate For Computation Of Distribution
BackSep 15, 2023
| Announcement Title | Cash Dividend/ Distribution | ||||
| Date & Time of Broadcast | Sep 15, 2023 17:26 | ||||
| Status | Replace | ||||
| Corporate Action Reference | SG230808DVCAFI1J | ||||
| Submitted By (Co./ Ind. Name) | ARA Trust Management (USH) Pte. Ltd./Lim Kai Lun | ||||
| Designation | Head of Finance | ||||
| Dividend/ Distribution Number | Not Applicable | ||||
| Financial Year End | 30/06/2023 | ||||
| Declared Dividend/ Distribution Rate (Per Share/ Unit) | USD 0.01501 | ||||
| Dividend/ Distribution Period | 01/01/2023 TO 30/06/2023 | ||||
| Number of Days | 181 | ||||
| Event Narrative | |||||
| Narrative Type | Narrative Text | ||||
| Additional Text | ARA US Hospitality Trust has announced a distribution of 1.501 U.S. cents per Stapled Security for the period from 1 January 2023 to 30 June 2023 comprising solely capital distribution from ARA US Hospitality Management Trust. | ||||
| Taxation Conditions | Please see attached. | ||||
| Additional Text | This announcement is made to attach the notice of exchange rate for computation of distribution. | ||||
| Event Dates | |||||
| Record Date and Time | 18/08/2023 17:00:00 | ||||
| Ex Date | 17/08/2023 | ||||
| Option 1-Cash Payment Details | |||||
| Election Period | 25/08/2023 TO 07/09/2023 | ||||
| Default Option | Yes | ||||
| Option Currency | Singapore Dollar | ||||
| Payment Type | Tax Not Applicable | ||||
| Gross Rate (Per Share) | USD 0.01501 | ||||
| Net Rate (Per Share) | USD 0.01501 | ||||
| Pay Date | 27/09/2023 | ||||
| Gross Rate Status | Actual Rate | ||||
| Currency Pair | SGD/USD | ||||
| Exchange Rate | 1.3629 | ||||
| Gross Rate in Option Currency | SGD 0.020457 | ||||
| Note- Any information entered in narrative will not be used in processing | |||||
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| Option 2-Cash Payment Details | |||||
| Election Period | 25/08/2023 TO 07/09/2023 | ||||
| Default Option | No | ||||
| Option Currency | United States Dollar | ||||
| Payment Type | Tax Not Applicable | ||||
| Gross Rate (Per Share) | USD 0.01501 | ||||
| Net Rate (Per Share) | USD 0.01501 | ||||
| Pay Date | 27/09/2023 | ||||
| Gross Rate Status | Actual Rate | ||||
Applicable for REITs/ Business Trusts/ Stapled Securities |
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