[SUNREIT] General on 02-Oct-2020

Stock
[SUNREIT]: SUNWAY REAL ESTATE INVT TRUST
Announcement Date
27-Aug-2020
Type
General
Date & Time
02-Oct-2020 15:30
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
Sunway Real Estate Investment Trust ("Sunway REIT") - Notice of Eighth Annual General Meeting ("8th AGM") The 8th AGM of Sunway REIT will be held as a fully virtual meeting through live streaming and online remote voting from the Broadcast Venue.
2020.08.28 Notice of 8th AGM.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 Eighth Annual General Meeting dated 28August 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 per the attachment and are set out below.

This announcement is dated 2 October 2020.

Voting Results

1. Ordinary Resolution 1

Description 
Proposed Authority to Issue and Allot New Units of up to 20% of the Total Number of Issued Units of Sunway REIT
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 86 17
No. of Shares 2,200,208,710 69,369,701
% of Voted Shares 96.9435 3.0565
Result Accepted

2. Ordinary Resolution 2

Description 
Proposed Renewal of Unitholders' Mandate for Recurrent Related Party Transactions of a Revenue or Trading Nature
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 92 10
No. of Shares 1,092,251,145 15,701
% of Voted Shares 99.9986 0.0014
Result Accepted

3. Ordinary Resolution 3

Description 
Proposed Establishment of a Distribution Reinvestment Scheme that Provides the Unitholders of Sunway REIT with an Option to Elect to Reinvest their Cash Income Distribution in New Units in Sunway REIT ("DRS Units") ("Proposed DRS")
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 85 18
No. of Shares 2,268,019,512 1,341,299
% of Voted Shares 99.9409 0.0591
Result Accepted

4. Ordinary Resolution 4

Description 
Issuance of DRS Units pursuant to the Proposed DRS
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 86 18
No. of Shares 2,268,020,512 1,341,299
% of Voted Shares 99.9409 0.0591
Result Accepted

Remark
-
Market Buzz

2024-04-21

Blog

Unfazed by Volatility: 5 Malaysia REITs with Strong Fundamentals (KingKKK) - AXREIT, CLMT, IGBREIT, SUNREIT, PAVREIT

Discussions
Be the first to like this. Showing 0 of 0 comments
Post a Comment