AXREIT - Notice of Book Closure
| AXIS REAL ESTATE INVESTMENT TRUST |
Final income distribution of 1.27 sen per unit (of which 0.53 sen per unit is taxable and 0.74 sen per unit is non-taxable in the hands of the unitholders) in respect of the period from 13 November 2024 to 31 December 2024 (“2024 Final Income Distribution”)
Kindly be advised of the following :
1) The above Company's securities will be traded and quoted "Ex - Income” as from: 18 Feb 2025
2) The last date of lodgment : 19 Feb 2025
3) Date Payable : 25 Mar 2025
Remarks :
(Unless otherwise stated, all abbreviations and definitions used herein shall have the same meaning as those used in the announcements dated 23 January 2025, 27 January 2025, 3 February 2025 and 4 February 2025 in relation to the IDRP (“Announcements”))
The following withholding tax rates would be applicable on distribution of income which is tax exempt at real estate investment trust level:
Resident unitholder:
a) Resident company: Tax flow through; thus no withholding tax
b) Unitholder other than a resident company: Withholding tax at 10%
Non-resident unitholder:
a) Non-resident company: Withholding tax at 24%
b) Non-resident institutional investor: Withholding tax at 10%
c) Non-resident other than company and institutional investors: Withholding tax at 10%
On 23 January 2025, the Board has declared the 2024 Final Income Distribution. The Board has also determined that the 2024 IDRP will apply to the entire portion of the 2024 Income Distribution. Please refer to the Announcements for the details of the 2024 IDRP.
Announcement Info
| Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
| Stock Name | AXREIT |
| Date Announced | 05 Feb 2025 |
| Category | Listing Circular |
| Reference Number | ILC-05022025-00001 |
