GENERAL MEETINGS: Outcome of Meeting

AL-SALAM REAL ESTATE INVESTMENT TRUST

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 20 Apr 2022
Time 12:30 PM

Venue(s) 
UNIT 1-19-02,

BLOCK 1, V-SQUARE

JALAN UTARA, 46200 PETALING JAYA

SELANGOR DARUL EHSAN

Malaysia

Outcome of Meeting

The Board of Directors of Damansara REIT Managers Sdn Berhad("DRMSB"), the Manager of Al-Salam REIT ("AL- Salam)  is pleased to inform that the Unitholders  Al Salam had, at the Seventh (7th) Annual General Meeting ("AGM") of Al Salam  held on Wednesday, 20 April 2022 approved all the 3 Ordinary resolutions as set out in the Notice of the 7th  AGM by way of poll.

 The results of the the poll were duly validated by Cygnus IT Solutions PLT, the Independent Scrutineer appointed by DRMSB.

Details of the results of the poll are set out below.

This announcement is dated 20 April 2022

Voting Results

1. Resolution 1

Description 
PROPOSED AUTHORITY TO ALLOT AND ISSUE NEW UNITS OF UP TO 20% OF THE TOTAL NUMBER OF ISSUED UNITS OF AL-SALAM (PROPOSED AUTHORITY TO ALLOT AND ISSUE NEW UNITS)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 34 9
No. of Shares 312,516,814 29,187
% of Voted Shares 99.9907 0.0093
Result Accepted

2. Resolution 2

Description 
PROPOSED INCREASE IN THE EXISTING APPROVED FUND SIZE OF AL-SALAM FROM 580,000,000 UNITS TO A MAXIMUM OF 696,000,000 UNITS PURSUANT TO THE PROPOSED AUTHORITY TO ALLOT AND ISSUE NEW UNITS (PROPOSED INCREASE IN FUND SIZE)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 34 9
No. of Shares 312,516,814 29,187
% of Voted Shares 99.9907 0.0093
Result Accepted

3. Resolution 3

Description 
PROPOSED RENEWAL OF UNITHOLDERS MANDATE FOR RECURRENT RELATED PARTY TRANSACTIONS OF A REVENUE OR TRADING NATURE (PROPOSED RRPT MANDATE)
Shareholder’s Action For Voting
Voted For Against
No. of Shareholders 28 7
No. of Shares 17,224,026 21,587
% of Voted Shares 99.8748 0.1252
Result Accepted





Announcement Info

Company Name AL-SALAM REAL ESTATE INVESTMENT TRUST
Stock Name ALSREIT
Date Announced 20 Apr 2022
Category General Meeting
Reference Number GMA-20042022-00002
Corporate Action ID MY220420MEET0002


Please refer attachment below.

  1. Scrutineer Report Al Salam -AGM 2022.pdf