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 REIT V2, Real Estate Investment Trust

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august.decision
post Jul 15 2011, 11:47 AM

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hmm...may i know that if arreit annual dividend is 8%, after the tax 25%, v only get 6%nett dividend?
august.decision
post Jul 15 2011, 12:00 PM

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QUOTE(wongmunkeong @ Jul 15 2011, 11:54 AM)
er.. i thought all REITs' tax = 10% by law (if registered/setup as REITs lar).
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er..sorry...i also not sure about that...i tot same with company share...can anyone here help?
august.decision
post Jul 15 2011, 02:11 PM

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QUOTE(teehk_tee @ Jul 15 2011, 12:08 PM)
the tax structure is different for REITS,
but for us layman, it's 10% withholding tax generally.
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ok...thanks for ur answer...

but i counted my feb 2011 arreit dividend, the amount i get for nett dividend is around 1.34% per quarter after being deduct 24.76% from the total dividend...some r bank charges and tax....so if per annum, 1.34%*4...only able to get around 5.36% nett dividend....is this the correct calculation?

pls help... icon_question.gif




august.decision
post Jul 15 2011, 03:29 PM

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QUOTE(cherroy @ Jul 15 2011, 03:10 PM)
There is no charge for dividend payment for any reit holders.

Charges may apply on those nominee account only.

yes...i use a nominee account...
har...then lost many $$ due to the bank changes...
any other way to buy reit or share ?


Added on July 15, 2011, 3:11 pm

There is no 25% tax on reit.
Reit income is tax exempted if reit distributed >90% of their income, (which until now every reit 100% distributed more than 90%).

There is only 10% witholding tax on reit distribution/dividend.
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yes...i use a nominee account...
har...then lost many $$ due to the bank changes...
any other way to buy reit or share ?

thanks for the 10% tax clarification...

This post has been edited by august.decision: Jul 15 2011, 03:30 PM
august.decision
post Jul 15 2011, 03:43 PM

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QUOTE(wongmunkeong @ Jul 15 2011, 03:35 PM)
Bro - last time (say about 3 years+ back), HLeB used to charge my nominee a/c service charges too in regards to dividends. However, i've noticed about 2 years back, they stopped charging biggrin.gif.
NOTE: I'm not a HLeB staff or related other than a customer, k. Definitely not helping them sell sell sell tongue.gif
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thanks for the info that HLeB didnt charge nominee a/c...but it is special for loyal user or same with new user too?
august.decision
post Jul 15 2011, 03:45 PM

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QUOTE(SentulChin @ Jul 15 2011, 03:06 PM)
U got bank charges? blink.gif
I never been charged by bank on dividend paid to me. Maybe brother & sister here know about it.

BTW, if without the buying price.  hmm.gif  hmm.gif i only can calculate your buying price (dunno correct or not).. is it 0.94? For more accurate dividend calculating, better use all dividend announced from 1 year ago until now.... for example last 4 quarters of dividend announced by ARREIT.
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which bank r u using? urs is nominee accout too?

yes...my buy buying price is rm0.94...now topping up with rm0.91...
august.decision
post Jul 15 2011, 03:51 PM

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QUOTE(wongmunkeong @ Jul 15 2011, 03:46 PM)
zhen zhen waka ri nae (i really dunno) tongue.gif

I'm not loyal - i moved from MBB to HLeB coz of the $ sitting in HLeB makes me % + cost is lower too. er.. i'm also no big shot, kuci rat investor, now kuci rat trader as well  blush.gif
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ur statement of "$ sitting in HLeB makes me % + cost is lower too" mean what? what cost occur and what % given?
august.decision
post Jul 15 2011, 04:04 PM

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QUOTE(wongmunkeong @ Jul 15 2011, 03:53 PM)
$ sitting in my HLeB a/c attracts interest every month higher than savings a/c - i think it's nearly equals to FD 1mth term or 2.

Cost = brokerage is 0.38% or $12, whichever higher.
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HLeB a/c is normal or current or special account? wow...the interest is consider high oo...
august.decision
post Jul 15 2011, 04:14 PM

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QUOTE(wongmunkeong @ Jul 15 2011, 04:09 PM)
er.. bro, i dont know how to answer that Q of yours leh. Mine's a nominee a/c with HLeB, not CDS

U may want to get it from the horses mouth: www.hlebroking.com
Their helpdesk is very erm.. helpful heheh.  tongue.gif
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ok...thanks for ur info... tongue.gif
august.decision
post Jul 16 2011, 12:19 PM

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QUOTE(cherroy @ Jul 15 2011, 04:43 PM)
Open your own CDS account.
No charge.
Share held directly under your name instead banks,
and any financial report, circular of listed company is sent directly to you.

Just need Rm10 only once in your life time.
may i know where we should go to open CDS account?
august.decision
post Jul 19 2011, 12:32 PM

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QUOTE(pisces88 @ Jul 18 2011, 06:38 PM)
I registered mine at dataran maybank branch. Rm10 + bankbook + ic. Settled. Rmber to register for direct account, if not can't use to apply IPO
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thank you... biggrin.gif

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