The Board of Directors of Axis REIT Managers Berhad, the management company of Axis Real Estate Investment Trust ("Axis-REIT") is pleased to announce that the ordinary resolutions as set out in the Notice of Twelfth Annual General Meeting ("12th AGM") of Axis-REIT dated 29 February 2024 were duly passed by the unitholders of Axis-REIT at the 12th AGM held on virtual basis today.
The voting in respect of the resolutions was carried out by way of a poll and the results of the poll were validated by KPMG Management & Risk Consulting Sdn Bhd, the Independent Scrutineer appointed by Axis-REIT.
This announcement is dated 25 April 2024.
Voting Results
1. Ordinary Resolution 1
Description
Proposed Renewal of the Authority to Allot and Issue New Units in Axis-REIT of up to 20% of the Total Number of Units Issued in Axis-REIT, to facilitate a Placement Exercise
Shareholder’s Action
For Voting
Voted
For
Against
No. of Shareholders
419
95
No. of Shares
1,328,513,902
84,655,723
% of Voted Shares
94.0095
5.9905
Result
Accepted
2. Ordinary Resolution 2
Description
Proposed Renewal of the Authority to Allot and Issue New Units for the purpose of the Income Distribution Reinvestment Plan that provides the Unitholders of Axis-REIT the Option to Reinvest their Income Distribution into New Units
