Brief: SPH REIT Updates On Tax Ruling On Subordinated Perpetual Securities
Dec 23 (Reuters) - SPH REIT SPHR.SI :
* UPDATES ON TAX RULING IN RESPECT OF S$300 MILLION 4.10%
SUBORDINATED PERPETUAL SECURITIES
* PERPETUAL SECURITIES WOULD BE REGARDED AS "DEBT
SECURITIES"
* DISTRIBUTIONS DUE AND PAYABLE ON PERPETUAL SECURITIES WILL
BE
REGARDED AS INTEREST PAYABLE ON INDEBTEDNESS
Source text for Eikon: urn:newsml:reuters.com:*:nSNZ76hYb5
Further company coverage: SPHR.SI
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Paragon REIT
See all newsBrief: Paragon REIT Requests Lifting Of Trading Halt
Brief: Paragon REIT Announces Proposed Privatisation For S$0.98 In Cash For Each Unit
Brief: Paragon REIT Announces Proposed Scheme Of Arrangement To Privatise Paragon REIT
Cuscaden Peak offers to take Paragon REIT private in $2 billion deal (updated)
Top shareholder Cuscaden Peak to take Paragon REIT private in $2 billion deal