News
Notice To Stapled Securityholders On Exchange Rate For Computation Of Distribution - Tax-Exempt Income Component
BackMar 24, 2025
| Announcement Title | Cash Dividend/ Distribution with Choice | ||||
| Date & Time of Broadcast | Mar 24, 2025 22:33 | ||||
| Status | Replace | ||||
| Corporate Action Reference | SG250227DVCAVMYN | ||||
| Submitted By (Co./ Ind. Name) | Acrophyte Hospitality Trust Management Pte. Ltd./Gregory Sim Chee Wah | ||||
| Designation | Chief Financial Officer | ||||
| Dividend/ Distribution Number | Not Applicable | ||||
| Financial Year End | 31/12/2024 | ||||
| Declared Dividend/ Distribution Rate (Per Share/ Unit) | USD 0.006 | ||||
| Dividend/ Distribution Period | 01/07/2024 TO 31/12/2024 | ||||
| Number of Days | 184 | ||||
| Event Narrative | |||||
| Narrative Type | Narrative Text | ||||
| Additional Text | Acrophyte Hospitality Trust has announced a distribution of 0.848 U.S. cents per Stapled Security for the period from 1 July 2024 to 31 December 2024 comprising a tax-exempt income component of 0.600 U.S. cents per Stapled Security and a capital component of 0.248 U.S. cents per Stapled Security from Acrophyte Hospitality Management Trust. | ||||
| Taxation Conditions | Please see attached. | ||||
| Additional Text | This announcement superseded the earlier announcement released on 27 February 2025 with corporate reference no. SG250227DVCAVMYN. Save for the change that this announcement is released for the tax-exempt income component of 0.600 U.S. Cents per Stapled Security, there are no other changes to be made this announcement. | ||||
| Additional Text | This announcement is made to attach the notice on exchange rate for computation of distribution. | ||||
| Event Dates | |||||
| Record Date | 07/03/2025 | ||||
| Ex Date | 06/03/2025 | ||||
| Option 1-Cash Payment Details | |||||
| Election Period | 12/03/2025 TO 21/03/2025 | ||||
| Default Option | Yes | ||||
| Option Currency | Singapore Dollar | ||||
| Payment Type | Tax Exempted | ||||
| Gross Rate (Per Share) | USD 0.006 | ||||
| Net Rate (Per Share) | USD 0.006 | ||||
| Pay Date | 28/03/2025 | ||||
| Gross Rate Status | Actual Rate | ||||
| Currency Pair | SGD/USD | ||||
| Exchange Rate | 1.3365 | ||||
| Gross Rate in Option Currency | SGD 0.008019 | ||||
| Note- Any information entered in narrative will not be used in processing | |||||
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| Option 2-Cash Payment Details | |||||
| Election Period | 12/03/2025 TO 21/03/2025 | ||||
| Default Option | No | ||||
| Option Currency | United States Dollar | ||||
| Payment Type | Tax Exempted | ||||
| Gross Rate (Per Share) | USD 0.006 | ||||
| Net Rate (Per Share) | USD 0.006 | ||||
| Pay Date | 28/03/2025 | ||||
| Gross Rate Status | Actual Rate | ||||
Applicable for REITs/ Business Trusts/ Stapled Securities |
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