[SUNREIT] Extraordinary on 02-Oct-2020

Stock
[SUNREIT]: SUNWAY REAL ESTATE INVT TRUST
Announcement Date
15-Sep-2020
Type
Extraordinary
Date & Time
02-Oct-2020 16:30
Depositor Date
24-Sep-2020
Venue
Broadcast venue: Penthouse, Level 20, Menara Sunway, Jalan Lagoon Timur, Bandar Sunway, 47500 Subang Jaya, Selangor Darul Ehsan
Description
The Unitholders' Meeting will be held as a fully virtual meeting through live streaming and online remote voting from the broadcast venue on 2 October 2020 at 4:30 pm, or within 20 minutes after the conclusion of the 8th AGM,whichever is later
2020.09.17 Notice of Unitholders Meeting.pdf
Outcome

The Board of Directors of Sunway REIT Management Sdn Bhd, the Manager for Sunway Real Estate Investment Trust ("SUNREIT"), wishes to announce that all the resolutions as set out in the Notice of Unitholders' Meeting dated 17 September 2020were duly approved by the unitholders of SUNREIT today.

All the resolutions were voted by pollvia the Remote Participation and Voting (RPV) Facility at www.sunwaymanagement.com.my.

The results of the poll were validated by BDO Consulting Sdn Bhd, the independent scrutineer appointed by SUNREIT as perthe attachment and are set out below.

This announcement is dated 2 October 2020.

Voting Results

1. Ordinary Resolution 1

Description 
Proposed acquisition by RHB Trustees Berhad, on behalf of Sunway Real Estate Investment Trust ("Sunway REIT"), of The Pinnacle Sunway from Sunway Integrated Properties Sdn Bhd and Sunway Pinnacle Sdn Bhd, the wholly-owned indirect subsidiaries of Sunway Berhad, for a cash consideration of RM450.0 million
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 57 3
No. of Shares 1,074,359,645 7,700
% of Voted Shares 99.9993 0.0007
Result Accepted

2. Ordinary Resolution 2

Description 
Proposed private placement of up to 589,015,600 new units in Sunway REIT ("Placement Units"), representing up to 20.0% of the total number of issued units of Sunway REIT of 2,945,078,000 units, to raise gross proceeds of up to RM710.0 million, the actual amount of Placement Units and placement issue price for which shall be determined by way of bookbuilding
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 54 7
No. of Shares 1,072,698,245 1,668,200
% of Voted Shares 99.8447 0.1553
Result Accepted

3. Ordinary Resolution 3

Description 
Proposed allocation of up to 294,507,800 Placement Units to Sunway REIT Holdings Sdn Bhd pursuant to the bookbuilding exercise
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 54 7
No. of Shares 1,072,694,345 1,666,100
% of Voted Shares 99.8449 0.1551
Result Accepted

4. Ordinary Resolution 4

Description 
Proposed allocation of up to 140,000,000 Placement Units to Employees Provident Fund Board and/or persons connected with them pursuant to the bookbuilding exercise
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 48 9
No. of Shares 1,657,404,710 1,668,500
% of Voted Shares 99.8994 0.1006
Result Accepted

Remark
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