[UOAREIT] Extraordinary on 10-Dec-2020

Stock
[UOAREIT]: UOA REITS
Announcement Date
24-Nov-2020
Type
Extraordinary
Date & Time
10-Dec-2020 10:00
Depositor Date
30-Nov-2020
Venue
Broadcast Venue at The Zenith Connexion Conference & Event Centre (CCEC), Level M1 The Vertical Podium, Avenue 3, Bangsar South City No. 8, Jalan Kerinchi, 59200 Kuala Lumpur
Description
UOA REAL ESTATE INVESTMENT TRUST NOTICE OF UNITHOLDERS' MEETING
UOA REIT - Notice of Unitholders Meeting.pdf
Outcome

The Board of Directors of UOA Asset Management Sdn Bhd ("UOAAM"), the Manager of UOA Real Estate Investment Trust ("UOA REIT"), wishes toannounce that all the resolutions as set out in the Notice of Unitholders'Meeting of the Company dated 25 November 2020 wereduly passed as Ordinary Resolutions by way of a poll at the Unitholders' Meetingof the Company held on Thursday, 10 December 2020 at 10.00 a.m.

The result of the poll was validated byQuantegic Services Sdn. Bhd., the independent scrutineer appointed by the Company.

The details of the said result is set out below.

This announcement is dated 10 December 2020.

Voting Results

1. Resolution 1

Description 
PROPOSED ACQUISITION BY RHB TRUSTEES BERHAD, ON BEHALF OF UOA REIT, OF UOA CORPORATE TOWER (AS DEFINED HEREIN) FROM DISTINCTIVE ACRES SDN. BHD., A WHOLLY-OWNED INDIRECT SUBSIDIARY OF UOA DEVELOPMENT BHD AND PARAMOUNT PROPERTIES SDN. BHD., A WHOLLY-OWNED SUBSIDIARY OF UOA DEVELOPMENT BHD, FOR A CASH CONSIDERATION OF RM700.0 MILLION ("PROPOSED ACQUISITION")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 153 24
No. of Shares 41,909,184 54,113
% of Voted Shares 99.8710 0.1290
Result Accepted

2. Resolution 2

Description 
PROPOSED PRIVATE PLACEMENT OF UP TO 318,181,800 NEW UNITS IN UOA REIT ("PLACEMENT UNITS"), REPRESENTING UP TO APPROXIMATELY 75.2% OF THE TOTAL NUMBER OF ISSUED UNITS OF UOA REIT OF 422,871,776 UNITS, TO RAISE GROSS PROCEEDS OF UP TO RM280.0 MILLION AT THE ISSUE PRICE TO BE DETERMINED LATER BY WAY OF A BOOKBUILDING EXERCISE ("PROPOSED PRIVATE PLACEMENT")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 148 29
No. of Shares 41,887,184 76,113
% of Voted Shares 99.8186 0.1814
Result Accepted

3. Resolution 3

Description 
PROPOSED ALLOCATION OF UP TO 315,909,100 PLACEMENT UNITS TO DISTINCTIVE ACRES SDN. BHD. AND/OR PERSONS CONNECTED WITH IT PURSUANT TO A BOOKBUILDING EXERCISE ("PROPOSED SPECIFIC ALLOTMENT TO UOA INTERESTED PARTIES")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 147 29
No. of Shares 41,878,184 80,113
% of Voted Shares 99.8091 0.1909
Result Accepted

Remark
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