AXREIT
Income Distribution (with Dividend Re-Investment Plan)
| AXIS REAL ESTATE INVESTMENT TRUST |
| Entitlement subject | Income Distribution (with Dividend Re-Investment Plan) |
| Entitlement description | Final Income Distribution of 2.25 sen per unit (of which 0.83 sen per unit is taxable and 1.42 sen per unit is non-taxable in the hands of the unitholders) in respect of the period from 1 October 2020 to 31 December 2020 ("2020 Final Income Distribution"). |
| Ex-Date | 04 Feb 2021 |
| Entitlement date | 05 Feb 2021 |
| Entitlement time | 04:30 PM |
| Financial Year End | 31 Dec 2020 |
| Period | to |
| Share transfer book & register of members will be | to closed from (both dates inclusive) for the purpose of determining the entitlement |
| Payment Date | 11 Mar 2021 |
| a.Securities transferred into the Depositor's Securities Account before 4:30 pm in respect of transfers | 05 Feb 2021 |
| b.Securities deposited into the Depositor's Securities Account before 12:30 pm in respect of securities exempted from mandatory deposit | |
| c. Securities bought on the Exchange on a cum entitlement basis according to the Rules of the Exchange. | |
| Number of new shares/securities issued (units) (If applicable) |
|
| Entitlement indicator | Currency |
| Entitlement in Currency | Malaysian Ringgit (MYR) 0.0225 |
| Options Available to Shareholders | Cash or "Cash and Securities" |
| Cash | |
| Cash^ Entitlement | |
| 1 | |
| Tax Indicator | Tax Exempt / Non-taxable |
| Currency | Malaysian Ringgit (MYR) |
| Amount | 0.0142 |
| 2 | |
| Tax Indicator | Taxable |
| Currency | Malaysian Ringgit (MYR) |
| Amount | 0.0083 |
| or "Cash and Securities" | |
| Cash Entitlement | |
| 1 | |
| Tax Indicator | Tax Exempt / Non-taxable |
| Currency | Malaysian Ringgit (MYR) |
| Amount | 0.0032 |
| 2 | |
| Tax Indicator | Taxable |
| Currency | Malaysian Ringgit (MYR) |
| Amount | 0.0083 |
| Re-invest Cash Entitlement into Securities | |
| Entitlement | Malaysian Ringgit (MYR) 0.0110 |
| Company Name |
AXIS REAL ESTATE INVESTMENT TRUST |
| Issue Price per Unit | Malaysian Ringgit (MYR) 1.8800 |
| Deadline To Respond | |
| Securities Crediting Date | 11 Mar 2021 |
| Available/Listing Date | 12 Mar 2021 |
| Fractional Entitlement |
Cash in Lieu of Fraction
Malaysian Ringgit (MYR) 1.8800 per unit |
| Note: You will receive Cash^ if you do not Re-invest. |
| Registrar or Service Provider name, address, telephone no |
BOARDROOM SHARE REGISTRARS SDN BHD 11th Floor, Menara Symphony No. 5, Jalan Prof. Khoo Kay Kim Seksyen 13 46200 Petaling Jaya Selangor Malaysia Tel:03-78904700 Fax:03-78904670 |
| Remarks : |
The following withholding tax rates would be applicable on distribution of income
which is tax exempt at REIT 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 20 January 2021, the Board of Directors of Axis REIT Managers Berhad ("Board"), the management company of Axis Real Estate Investment Trust ("Axis-REIT"), has announced the quarterly results for the financial period ended 31 December 2020 and proposed the abovesaid 2020 Final Income Distribution. The Board has determined that the income distribution reinvestment plan ("IDRP"), which allows unitholders of Axis-REIT to reinvest their income distribution in new units, will apply to the 2020 Final Income Distribution. Please refer to the separate announcement on "Recurrent and Optional IDRP applicable to 2020 Final Income Distribution" dated 20 January 2021 for the details of the IDRP. |
Announcement Info
| Company Name | AXIS REAL ESTATE INVESTMENT TRUST |
| Stock Name | AXREIT |
| Date Announced | 20 Jan 2021 |
| Category | Entitlement(Notice of Book Closure) |
| Reference Number | ENT-19012021-00001 |
| Corporate Action ID | MY210119DRIP0001 |