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Prime US REIT ( (SG:OXMU) ) has issued an announcement.
Prime US REIT has issued a Qualified Notice under Treasury Regulation § 1.1446(f)-4(b)(3) regarding the transfer of interests in the trust. The notice confirms that the REIT is not engaged in a U.S. trade or business, thus qualifying for a withholding exception. This announcement is significant for stakeholders as it clarifies the tax implications for transferring interests in the REIT, potentially impacting investor decisions and market activity.
More about Prime US REIT
Prime US REIT is a real estate investment trust established in 2018 under Singaporean law, managed by Prime US REIT Management Pte. Ltd. It operates within the real estate industry, focusing on investment and management of real estate assets.
YTD Price Performance: -12.94%
Average Trading Volume: 4,145,745
Technical Sentiment Signal: Buy
Current Market Cap: $193.6M
See more data about OXMU stock on TipRanks’ Stock Analysis page.