Just realized that I made a mistake in my earlier post, it should be in units of RM rather than cents, I have changed that.

Yes, your calculation is correct overall, considering the non-taxable part. You forgot the taxable part though, I think.

Non-taxable: 0.0032 * 503 (= 1.6096) + (503*0.011 - 2*1.88 = 1.773) = RM 3.3826 (which is the "Allow to get cash dividend" column you found in the last row of the spreadsheet)

Taxable: 0.0083 * 503 * 0.9 = RM 3.75741 (times 90% because of 10% WHT)

Total cash from both parts would be RM 7.14.

This is a very good question. I have done some further studies on this.

https://www.axis-reit.com.my/reits-faq.php

Kindly refer to item 5 and 6.



From item 6, you can clearly see that, with the assumption of 10k units, total gross distribution is RM 926 of which RM 306 is non-taxable. The taxable portion is thus RM 620.

With a WHT of 10%, the net distribution paid out (the cash one would receive) is 306 + 620*0.9 = 864, which agrees with the number quoted in the page.

So, coming back to your question, I think I got my numbers right. The declared taxable distribution of RM 0.0083 per unit has to multiply by 90% (since WHT is 10%), times 503 units which you hold, and you get the taxed distribution of RM 3.75741.

And no, "taxable" here means distributions that can be taxed because they are not derived from utilisation of capital allowances, industrial building allowances and tax exempt profit income, so by law they are liable to tax. From this "taxable" distribution, Axis REIT will deduct 10% and pay that to the Inland Revenue Board of Malaysia (IRB, better known as LHDN). "Taxable" does not mean you won't get the money stated. You misunderstood something there.

And thus you should take into account the taxable portion in your cash dividend calculation. It's real cash that you will get, just that you minus 10% WHT off the stated figure.

*I don't invest in M-REITs, I only invest in S-REITs, but you inadvertently taught me something today. Thanks.

This post has been edited by TOS: Jan 22 2021, 02:16 PM

Errr. No, only the non-taxable income is entitled for reinvestment, see below (only RM 0.0110 per unit, not the full distribution).



So, your earlier post #5238

is already correct, you just need to add the taxable portion at the end of the calculation. You are only eligible for 2 shares, not 5.

This is already correct:



Add this number below:

Taxable: 0.0083 * 503 * 0.9 = RM 3.75741 (times 90% because of 10% WHT)

into the last row (label it as "taxable dividend" or equivalent), so you get the overall total amount. 3.75 + 3.38 = 7.13 which is the correct amount of cash received.

This post has been edited by TOS: Jan 22 2021, 03:08 PM

KLCCP Q4 20 results out today:

https://www.klcc.com.my/investor-relations/...esentation.html

Surprisingly the gearing only inched up 0.2% to 18%.

Pavillion REIT results out too: https://disclosure.bursamalaysia.com/FileAc..._GA_ATTACHMENTS

This post has been edited by TOS: Jan 27 2021, 09:26 PM

https://www.thestar.com.my/business/busines...malaysian-reits

Let me help you.

https://www.bursamalaysia.com/market_inform...=&dt_ht=&dt_lt=

Company name is Sentral REIT (stock code: 5123)

Choose "Financial Results" under "Category", then you can see all the quarterly reports, including the Jan 19 report. Latest one is 6th of May for Q1 2021.

Ah it's called "Quill Capital Trust". https://www.bursamalaysia.com/trade/trading..._market?id=5123

But the directory isn't quite updated. The URL link given (http://www.qct.com.my/) is broken.

This post has been edited by TOS: Jun 5 2021, 09:19 PM

https://www.thestar.com.my/business/busines...tholders039-nod

Good to see diversification.

This post has been edited by TOS: Jun 14 2021, 09:31 PM

CMMT result: https://links.sgx.com/1.0.0/corporate-annou...b744f0fc563e8c9

Sentral REIT 2Q result: https://www.insage.com.my/Upload/Docs/SENTR...s.pdf#view=Full

Presentation slides: https://www.insage.com.my/Upload/Docs/SENTR...1.pdf#view=Full

Capitaland Malaysia Trust 4Q 2021: https://links.sgx.com/1.0.0/corporate-annou...505ec4e5a26c5e1

CLI to divest Queensbay Mall, Penang, to CapitaLand Malaysia Trust for RM990.50 million

https://links.sgx.com/FileOpen/20221109_CLI...t&FileID=738060

Oh you invest in M-REITs too?

Capitaland Malaysia Trust 1Q 23 financial results: https://links.sgx.com/1.0.0/corporate-annou...8c0ebaa5e665934