Elite UK REIT will introduce a Singapore dollar trading counter on the Singapore Exchange Securities Trading Limited (SGX-ST) from Mar, 16 2026, adding to its existing pound sterling counter.
The manager, Elite UK REIT Management Pte. Ltd., stated that units bought on the new SGD counter will be settled in Singapore dollars, while trades on the current GBP counter will continue to be settled in pound sterling. The units on both counters are identical and fully interchangeable, enabling investors to buy in one currency and sell in the other.
Unitholders may elect to receive distributions in either SGD or GBP. Those preferring pound sterling must submit a Distribution Election Notice to The Central Depository (Pte) Limited; no action is required to receive distributions in Singapore dollars.
The introduction of dual currency trading does not affect the total number of units in issue. Elite UK REIT advised investors to consult professional advisers if they are uncertain about the new arrangements.
Trading in the new SGD counter will commence at 9:00 a.m. on Mar, 16 2026. The trading name and stock code for the SGD counter will be announced separately by the SGX-ST.