Announcement Title |
Cash Dividend/ Distribution |
Date & Time of Broadcast |
Mar 20, 2024 17:35 |
Status |
Replace |
Corporate Action Reference |
SG240222DVCAGLKE |
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 |
31/12/2023 |
Declared Dividend/ Distribution Rate (Per Share/ Unit) |
USD 0.01929 |
Dividend/ Distribution Period |
01/07/2023 TO 31/12/2023 |
Number of Days |
184 |
Event Narrative |
Narrative Type |
Narrative Text |
Additional Text |
ARA US Hospitality Trust has announced a distribution of 1.929 U.S. cents per Stapled Security for the period from 1 July 2023 to 31 December 2023 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 the notice on exchange rate for computation of distribution. |
Event Dates |
Record Date |
01/03/2024 |
Ex Date |
29/02/2024 |
Option 1-Cash Payment Details |
Election Period |
07/03/2024 TO 18/03/2024 |
Default Option |
Yes |
Option Currency |
Singapore Dollar |
Payment Type |
Tax Exempted |
Gross Rate (Per Share) |
USD 0.01929 |
Net Rate (Per Share) |
USD 0.01929 |
Pay Date |
28/03/2024 |
Gross Rate Status |
Actual Rate |
Currency Pair |
SGD/USD |
Exchange Rate |
1.341 |
Gross Rate in Option Currency |
SGD 0.025868 |
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$1.3410 is as of 20 March 2024. |
|
Option 2-Cash Payment Details |
Election Period |
07/03/2024 TO 18/03/2024 |
Default Option |
No |
Option Currency |
United States Dollar |
Payment Type |
Tax Exempted |
Gross Rate (Per Share) |
USD 0.01929 |
Net Rate (Per Share) |
USD 0.01929 |
Pay Date |
28/03/2024 |
Gross Rate Status |
Actual Rate |
Applicable for REITs/ Business Trusts/ Stapled Securities |