News
Update On The Financing Obligations Of The ECW Group And The 1H2023 Distribution
BackSep 27, 2023
| Announcement Title | Cash Dividend/ Distribution |
| Date & Time of Broadcast | Sep 27, 2023 18:57 |
| Status | Replace |
| Corporate Action Reference | SG230811DVCAIJDO |
| Submitted By (Co./ Ind. Name) | Goh Toh Sim |
| Designation | Executive Director & CEO |
| Dividend/ Distribution Number | Not Applicable |
| Financial Year End | 31/12/2023 |
| Declared Dividend/ Distribution Rate (Per Share/ Unit) | SGD 0.02053 |
| Dividend/ Distribution Period | 01/01/2023 TO 30/06/2023 |
| Number of Days | 181 |
| Event Narrative | |
| Narrative Type | Narrative Text |
| Additional Text | EC World REIT has announced a distribution of 2.053 cents (SGD) per unit for the period from 1 January 2023 to 30 June 2023 (the "Distribution"). |
| Taxation Conditions | The Distribution is a tax-exempt income distribution which is exempt from Singapore income tax in the hands of all Unitholders. |
| Additional Text | This announcement serves to inform Unitholders that due to insufficient funds at this juncture, EC World REIT will not be able to make the Distribution to Unitholders on 28 September 2023 and that the payment of the Distribution will instead be deferred to a future date when EC World REIT has sufficient free cash for the Distribution. |
| Additional Text | Please refer to attached. |
| Event Dates | |
| Record Date and Time | 14/09/2023 17:00:00 |
| Ex Date | 13/09/2023 |
| Dividend Details | |
| Payment Type | Tax Exempted |
| Gross Rate (Per Share) | SGD 0.02053 |
| Net Rate (Per Share) | SGD 0.02053 |
| Pay Date | 28/09/2023 |
| Gross Rate Status | Actual Rate |
Applicable for REITs/ Business Trusts/ Stapled Securities |
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Attachments
- Attachment 1 (Size: 162,861 bytes)