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Keppel Pacific Oak US REIT ( (SG:CMOU) ) has provided an announcement.
Keppel Pacific Oak US REIT announced that the US withholding tax under Section 1446(f) of the Internal Revenue Code does not apply to non-US unitholders transferring units, as KORE is structured to avoid being classified as engaged in a US trade or business. The company has issued a new Qualified Notice effective from April 1, 2025, confirming this status and plans to update this notice quarterly, ensuring stakeholders are informed about tax implications and compliance.
More about Keppel Pacific Oak US REIT
Keppel Pacific Oak US REIT is a real estate investment trust that focuses on acquiring and managing a diversified portfolio of income-producing commercial assets in key growth markets of the United States. The company primarily operates in the real estate industry, targeting office properties to generate stable income and potential capital growth for its stakeholders.
YTD Price Performance: -0.50%
Average Trading Volume: 1,163,718
Technical Sentiment Signal: Buy
Current Market Cap: $207.8M
See more insights into CMOU stock on TipRanks’ Stock Analysis page.