UPDCREIT Proposes 31kobo Final Distribution for the Period Ended 31 Dec, 2014


Tuesday, March 17, 2015 10.09AM/NSE

Please be informed that the UPDC Real Estate Investment Trust (UPDC REIT) will make a final distribution of 31kobo per unit to unit holders for the 19-Month period ended December 31, 2014. The proposed distribution has been approved by the Securities & Exchange Commission (SEC) and is as detailed below:

Corporate Declaration     

Proposed Distribution:        31 Kobo per unit   

Proposed Bonus:                Nil     

Qualification Date:              Nil     

Payment Date:                  April 28th, 2015

Closure Date:                    April 7th, 2015

Closure Period:                  2days; April 8th - 9th, 2015

AGM Date:                        April 28th, 2015

AGM Venue:                      Function Room, Muson Center

The Register of Unit holders and Transfer Books of the UPDC Real Estate Investment Trust will be closed on Tuesday, April 7, 2015 and will remain closed for the next two working days i.e April 8-9 2015 for the purpose of ascertaining the unit holders that qualify for the distribution for the period ended December 31, 2014. Accordingly, the distribution wil be able payable to all Unit registered in the Books as at the close business on April, 2015.

The payment of the distribution, to all Unit holders registered in the Books as at close of business on Tuesday, April 7, 2015, will be effected on Tuesday April 28, 2015.


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