GENERAL MEETINGS: Outcome of Meeting
| SUNWAY REAL ESTATE INVESTMENT TRUST |
| Type of Meeting | General |
| Indicator | Outcome of Meeting |
| Date of Meeting | 02 Oct 2020 |
| Time | 03:30 PM |
| Venue(s) |
Broadcast venue: Penthouse, Level 20, Menara Sunway, Jalan Lagoon Timur, Bandar Sunway, 47500 Subang Jaya, Selangor Darul Ehsan Malaysia |
| Outcome of Meeting | 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 28 August 2020 were duly approved by the unitholders of SUNREIT today.
All the resolutions were voted by poll via 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 |
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1. Ordinary Resolution 1 |
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| Description |
Proposed Authority to Issue and Allot New Units of up to 20% of the Total Number of Issued Units of Sunway REIT |
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| 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 |
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| 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 |
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| 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 |
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| 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 | |
Please refer attachment below.
Announcement Info
| Company Name | SUNWAY REAL ESTATE INVESTMENT TRUST |
| Stock Name | SUNREIT |
| Date Announced | 02 Oct 2020 |
| Category | General Meeting |
| Reference Number | GMA-29092020-00001 |
| Corporate Action ID | MY200929MEET0001 |