Keppel REIT gains IRAS approval on tax treatment for 300 million Singapore dollars perpetual securities

SGX Filings12-03

Keppel REIT Management Limited announced that the Inland Revenue Authority of Singapore has ruled that the trust’s 300 million Singapore dollars 3.78 per cent subordinated perpetual securities (Series 009), issued on Aug, 11 2025 under a 2 billion Singapore dollars multicurrency debt issuance programme, will be treated as “debt securities” for tax purposes.

The decision means distributions on the Series 009 securities will be regarded as interest, allowing the instruments and their holders to qualify for tax concessions and exemptions available under Section 43H and Section 13 of the Income Tax Act, provided the conditions of the Qualifying Debt Securities scheme are met.

The ruling is based on information supplied to the tax authority and its current interpretation of existing tax laws, the manager said in a filing dated Dec, 3 2025.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Comments

We need your insight to fill this gap

Leave a comment

{"i18n":{"language":"en_US"},"isChannel":false,"data":{"share":"https://ttm.financial/m/news/1165224344?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2025-12-03 18:09","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1165224344","market":"sg","top_or_hot":-1,"title":"Keppel REIT gains IRAS approval on tax treatment for 300 million Singapore dollars perpetual securities","media":"SGX Filings","content":"<html><head></head><body><p>Keppel REIT Management Limited announced that the Inland Revenue Authority of Singapore has ruled that the trust’s 300 million Singapore dollars 3.78 per cent subordinated perpetual securities (Series 009), issued on Aug, 11 2025 under a 2 billion Singapore dollars multicurrency debt issuance programme, will be treated as “debt securities” for tax purposes.</p>\n<p>The decision means distributions on the Series 009 securities will be regarded as interest, allowing the instruments and their holders to qualify for tax concessions and exemptions available under Section 43H and Section 13 of the Income Tax Act, provided the conditions of the Qualifying Debt Securities scheme are met.</p>\n<p>The ruling is based on information supplied to the tax authority and its current interpretation of existing tax laws, the manager said in a filing dated Dec, 3 2025.</p></body></html>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Keppel REIT gains IRAS approval on tax treatment for 300 million Singapore dollars perpetual securities</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nKeppel REIT gains IRAS approval on tax treatment for 300 million Singapore dollars perpetual securities\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1083912268\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/57d1beae95c40ebe9f2698a436562e39);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">SGX Filings </p>\n<p class=\"h-time\">2025-12-03 18:09</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<html><head></head><body><p>Keppel REIT Management Limited announced that the Inland Revenue Authority of Singapore has ruled that the trust’s 300 million Singapore dollars 3.78 per cent subordinated perpetual securities (Series 009), issued on Aug, 11 2025 under a 2 billion Singapore dollars multicurrency debt issuance programme, will be treated as “debt securities” for tax purposes.</p>\n<p>The decision means distributions on the Series 009 securities will be regarded as interest, allowing the instruments and their holders to qualify for tax concessions and exemptions available under Section 43H and Section 13 of the Income Tax Act, provided the conditions of the Qualifying Debt Securities scheme are met.</p>\n<p>The ruling is based on information supplied to the tax authority and its current interpretation of existing tax laws, the manager said in a filing dated Dec, 3 2025.</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"K71U.SI","symbol_name":"吉宝房地产信托","start_time":0,"source_url":"","article_id":"1165224344","we_media_id":"1083912268","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1165224344","pubTimestamp":1764756593,"columns":[{"name":"Policy And Regulatory","id":32,"label_key":"policyRegulatory"}],"sourceInfo":null,"weMediaInfo":{"media_name":"SGX Filings","introduction":"Fastest News on SGX Filings ","home_visible":1,"id":"1083912268","head_image":"https://community-static.tradeup.com/news/57d1beae95c40ebe9f2698a436562e39"},"summary":"Keppel REIT Management Limited announced that the Inland Revenue Authority of Singapore has ruled that the trust’s 300 million Singapore dollars 3.78 per cent subordinated perpetual securities...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"K71U.SI":"吉宝房地产信托"},"translate_title":"吉宝房地产投资信托基金3亿新加坡元永久证券税务处理获得IRA批准","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"K71U.SI":1},"content_text":"Keppel REIT Management Limited announced that the Inland Revenue Authority of Singapore has ruled that the trust’s 300 million Singapore dollars 3.78 per cent subordinated perpetual securities (Series 009), issued on Aug, 11 2025 under a 2 billion Singapore dollars multicurrency debt issuance programme, will be treated as “debt securities” for tax purposes.\nThe decision means distributions on the Series 009 securities will be regarded as interest, allowing the instruments and their holders to qualify for tax concessions and exemptions available under Section 43H and Section 13 of the Income Tax Act, provided the conditions of the Qualifying Debt Securities scheme are met.\nThe ruling is based on information supplied to the tax authority and its current interpretation of existing tax laws, the manager said in a filing dated Dec, 3 2025.","kind":"news","is_publish_news":true,"is_publish_highlight":true,"is_publish_live":true,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"1","news_tag":"policyRegulatory,SGX","news_rank":0,"symbols":[],"gpt_button":0,"need_auth":false,"code":"91000000","status":"200"},"commentList":[],"isCommentEnd":true,"newsSizeData":{"likeSize":4,"commentSize":0,"repostSize":0,"favoriteSize":0,"likeStatus":false,"favoriteStatus":false},"APP":{"userAgent":"Mozilla/5.0 AppleWebKit/537.36 (KHTML, like Gecko; compatible; ClaudeBot/1.0; +claudebot@anthropic.com)","isDev":false,"isTTM":true,"deviceId":"web-server-community-laohu8-v3","version":"4.35.12","shortVersion":"4.35.12","platform":"web","vendor":"web","appName":"ttm","isIOS":false,"isAndroid":false,"isTiger":false,"isTHS":false,"isWeiXin":false,"isWeiXinMini":false,"isWeiBo":false,"isQQ":false,"isBaiduSwan":false,"isBaiduBox":false,"isDingTalk":false,"isToutiao":false,"isOnePlus":false,"isHuaWei":false,"isXiaomi":false,"isXiaomiWebView":false,"isOppo":false,"isVivo":false,"isSamsung":false,"isMobile":false},"href":"/m/news/1165224344","isCrawlerRequest":true}