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:
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.