SUNTEC Reit announces details of Advanced Distribution

SUNTEC Reit announces details of Advanced Distribution.

• Press Release

Key Points

• Advanced Distribution of 1.723 cents per unit in Suntec REIT (“Unit”) which comprises a taxable income component of 1.630 cents per Unit and a tax-exempt income component of 0.093 cents per Unit will be paid on 5 January 2011.
• Unitholders of Suntec REIT whose securities accounts with The Central Depository (Pte) Limited are credited with Units as at 5.00 p.m. on 8 December 2010 will be entitled to the Advanced Distribution that will be paid on 5 January 2011.
• The New Units issued under the Private Placement (as defined in the Announcement) and the Deferred Units (as defined in its announcement dated 9 December 2010) will not be entitled to the Advanced Distribution. 
• All Units will be entitled to the distribution for the period from 9 December 2010 to 31 December 2010.

Related Posts

• Suntec Reit successfully raised S$428.8 million through private placement - 29 NOV 2010 
• SUNTEC Reit issues 313,000,000 new units for Private Placement - 9 DEC 2010 
• SUNTEC Reit issues final tranche of 34,500,360 deferred units - 9 DEC 2010