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Manulife US REIT ( (SG:BTOU) ) just unveiled an announcement.
Manulife US REIT has requested its Unitholders to submit valid U.S. tax documentation to minimize the withholding tax burden on the trust. Distributions to Unitholders have been halted until December 2025 as part of a Recapitalisation Plan, but the REIT continues to receive cross-border interest income. Failure to submit the required tax forms will result in the REIT bearing the withholding tax burden, reducing the income retained by the trust. The REIT encourages Unitholders to submit their tax forms to benefit from tax exemptions when distributions resume.
The most recent analyst rating on (SG:BTOU) stock is a Buy with a $0.22 price target. To see the full list of analyst forecasts on Manulife US REIT stock, see the SG:BTOU Stock Forecast page.
More about Manulife US REIT
Manulife US Real Estate Investment Trust (Manulife US REIT) is a real estate investment trust established under the laws of the Republic of Singapore. It focuses on investing in a diversified portfolio of income-producing office real estate in key markets across the United States. The trust is managed by Manulife US Real Estate Management Pte. Ltd.
Average Trading Volume: 4,317,493
Technical Sentiment Signal: Sell
Current Market Cap: $124.4M
See more data about BTOU stock on TipRanks’ Stock Analysis page.