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 |
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1. Resolution 1 |
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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") |
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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 |
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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") |
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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 |
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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") |
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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 | |