Strategic Hospitality Extendable Freehold and Leasehold Real Estate Investment Trust announced that the REIT has accumulated deficit so according to the covenant in part of payment of distribution to unitholders, the REIT Manager would not pay distribution to Trust unitholders for the operation period of 1 July 2020 to 30 September 2020. Due to the virus COVID-19 disease pandemic which has still impacted to many business sectors especially hospitality. This uncontrollable factor has significantly impacted to the hotel performance all over the world including the hotels under SHREIT. Now the situation has quite much uncertainty and hard to predict so as for conservative decision. Hence, in order to be able and manage liquidity effectively the Board resolved not to pay distribution and have no capital reduction for Q3/2020.