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Issue Price Of New Units Pursuant To The Distribution Reinvestment Plan For The Distribution Period From 1 January 2022 To 30 June 2022

BackAug 23, 2022
Announcement Title Scrip Election/ Distribution/ DRP
Date & Time of Broadcast Aug 23, 2022 18:13
Status Replace
Corporate Action Reference SG220812DVOPL8QV
Submitted By (Co./ Ind. Name) Chan Iz-Lynn
Designation Chief Executive Officer
Dividend/ Distribution Number Applicable
Value 13
Financial Year End 31/12/2022
Declared Dividend/ Distribution Rate (Per Share/ Unit) SGD 0.0076
Dividend/ Distribution Period 01/01/2022 TO 30/06/2022
Number of Days 181
Event Narrative
Narrative Type Narrative Text
Additional Text Further to the announcement dated 12 August 2022 in relation to the application of a DRP to the distribution of 0.76 Singapore cents per unit in BHG REIT for the distribution period from 1 January 2022 to 30 June 2022 (" Distribution"), the issue price of the new Units to be issued under the DRP in respect of the Distribution is S$0.5070 per Unit.
Additional Text Please see attached for details.
Additional Text Unitholders who wish to participate in the DRP will have to complete the Notices of Election and send them to the processing agent of BHG REIT, The Central Depository (Pte) Limited at the address(s) indicated on the Notices of Election, such that they are received by 5.30 p.m. on Tuesday, 13 September 2022.
Additional Text Unitholders who wish to receive their Distribution in cash need not take any action.
Taxation Conditions The capital distribution represents a return of capital to Unitholders for Singapore income tax purpose and is therefore not subject to Singapore income tax.
Event Dates
Record Date and Time 22/08/2022 17:00:00
Ex Date 19/08/2022
Cash Payment Details
Election Period 31/08/2022 TO 13/09/2022
Default Option Yes
Option Currency Singapore Dollar
Payment Type Payment Rate in Gross
Taxable No
Gross Rate (Per Share) SGD 0.0076
Net Rate (Per Share) SGD 0.0076
Pay Date 28/09/2022
Gross Rate Status Actual Rate
Security Option Details
Election Period 31/08/2022 TO 13/09/2022
New Security ISIN SG1CD7000009
New Security Name BHG RETAIL REIT
Security Not Found No
Fractional Disposition Method Round down fraction to last full unit
Issue/ Reinvestment Price SGD 0.507
Security Credit Date 28/09/2022

Applicable for REITs/ Business Trusts/ Stapled Securities

Attachments

  1. Attachment 1 (Size: 99,224 bytes)
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