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Issue Price Of New Units Pursuant To The Distribution Reinvestment Plan For The Distribution Period From 1 January 2023 To 30 June 2023 - Capital Component
| Announcement Title | Scrip Election/ Distribution/ DRP |
| Date & Time of Broadcast | Aug 18, 2023 18:01 |
| Status | Replace |
| Corporate Action Reference | SG230808DVOPWW4P |
| Submitted By (Co./ Ind. Name) | Chan Iz-Lynn |
| Designation | Chief Executive Officer |
| Dividend/ Distribution Number | Applicable |
| Value | 15 |
| Dividend/ Distribution Type | Interim |
| Financial Year End | 31/12/2023 |
| Declared Dividend/ Distribution Rate (Per Share/ Unit) | SGD 0.0035 |
| Dividend/ Distribution Period | 01/01/2023 TO 30/06/2023 |
| Number of Days | 181 |
| Event Narrative | |
| Narrative Type | Narrative Text |
| Additional Text | Further to the announcement dated 8 August 2023 in relation to the application of a DRP to the distribution of 0.35 Singapore cents per unit in BHG REIT for the distribution period from 1 January 2023 to 30 June 2023 (" Distribution"), the issue price of the new Units to be issued under the DRP in respect of the Distribution is S$0.4677 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 Monday, 11 September 2023. |
| 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 | 17/08/2023 17:00:00 |
| Ex Date | 16/08/2023 |
| Cash Payment Details | |
| Election Period | 28/08/2023 TO 11/09/2023 |
| Default Option | Yes |
| Option Currency | Singapore Dollar |
| Payment Type | Payment Rate in Gross |
| Taxable | No |
| Gross Rate (Per Share) | SGD 0.0035 |
| Net Rate (Per Share) | SGD 0.0035 |
| Pay Date | 28/09/2023 |
| Gross Rate Status | Actual Rate |
| Security Option Details | |
| Election Period | 28/08/2023 TO 11/09/2023 |
| New Security ISIN | SG1CD7000009 |
| New Security Name | BHG RETAIL REIT |
| Security Not Found | No |
| Fractional Disposition Method | Round down fraction to last full unit |
| Security Credit Date | 28/09/2023 |
Applicable for REITs/ Business Trusts/ Stapled Securities |
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