GENERAL MEETINGS: Outcome of Meeting

AL-SALAM REAL ESTATE INVESTMENT TRUST

Type of Meeting General
Indicator Outcome of Meeting
Date of Meeting 25 Apr 2024
Time 12:00 PM

Venue(s) 
Sapphire Room, Level 9,

Holiday Inn Johor Bahru City Centre,

Jalan Tun Abd Razak

80000 Johor Bahru, Johor

Malaysia

Outcome of Meeting

The Board of Directors of Damansara REIT Managers Sdn Berhad("DRMSB"), the Manager of Al-Salam Real Estate Investment Trust  ("AL- Salam")  is pleased to inform that the Unitholders of Al Salam had, at the Annual General Meeting ("AGM") of Al Salam held on Thursday, 25 April 2024 approved all the 3 Ordinary Resolutions  set out in the Notice of the AGM by way of poll.

 The results of the the poll were duly validated by Cygnus Technology Solutions Sdn Bhd, the Independent Scrutineers appointed by DRMSB.

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

This announcement is dated 25 April 2024.

Voting Results

1. Ordinary Resolution 1 (Withdrawn)
Description 
PROPOSED AUTHORITY TO ALLOT AND ISSUE NEW UNITS OF UP TO 20% OF THE TOTAL NUMBER OF ISSUED UNITS OF AL-SALM (PROPOSED AUTHORITY TO ALLOT AND ISSUE NEW UNITS)
Shareholder’s Action For Voting

2. Ordinary Resolution 2 (Withdrawn)
Description 
PROPOSED INCREASE IN THE EXISTING APPROVED FUND SIZE OF AL-SALM 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

3. Ordinary 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 16 2
No. of Shares 16,883,258 300
% of Voted Shares 99.9982 0.0018
Result Accepted





Announcement Info

Company Name AL-SALAM REAL ESTATE INVESTMENT TRUST
Stock Name ALSREIT
Date Announced 25 Apr 2024
Category General Meeting
Reference Number GMA-23042024-00007
Corporate Action ID MY240423MEET0007


Please refer attachment below.

  1. Al-Salam Scrutineers Report 25.04.2024.pdf