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MQREIT

1.050

(%)

GENERAL MEETINGS: Outcome of Meeting

MRCB-QUILL REIT

Type of Meeting Annual General Meeting
Indicator Outcome of Meeting
Date of Meeting 03 Apr 2019
Time 10:00 AM
Venue
Grand Ballroom, Level 2, Aloft Kuala Lumpur Sentral, No. 5, Jalan Stesen Sentral, 50470 Kuala Lumpur.
Outcome of Meeting

The Board of Directors of MRCB-Quill Management Sdn Bhd ("MQM"), the Manager of MRCB-Quill REIT ("MQREIT"), wishes to announce the following:

(1)  the Audited Financial Statements for the financial year ended 31 December 2018 of MQREIT together with the Trustee's Report to the Unitholders issued by Maybank Trustees Berhad, as the trustee for MQREIT and the Statement by the Manager issued by MQM and the Auditors' Report thereon were received at the 7th Annual General Meeting ("AGM") under Agenda 1.

(2)  the unitholders of MQREIT have approved the ordinary resolution on the Proposed Authority to Allot and Issue New Units at the 7th AGM under Agenda 2. The resolution was voted by poll and the poll results were validated by Boardroom Corporate Services Sdn Bhd, the independent scrutineer appointed by MQREIT.

 

This announcement is dated 3 April 2019.

Voting Results

Resolution Vote in favour Vote Against Results
No. of Shares % No. of Shares %
2.Proposed authority to allot and issue new units of MQREIT
 
“THAT  subject to the Main Market Listing Requirements of Bursa Malaysia Securities Berhad and the approval of the relevant regulatory authorities being obtained, authority be and is hereby given to the Directors of the Manager, to issue and allot new units in MQREIT (“New Units”) at any time until the conclusion of the next annual general meeting, in such number and to such person and upon such terms and conditions and for such purposes as the Directors of the Manager, may in their absolute discretion, deem fit and expedient in the best interest of MQREIT, provided that the aggregate number of the New Units to be issued pursuant to this resolution, when aggregated with the number of units issued during the preceding 12 months must not exceed 20% of the total number of issued units of MQREIT for the time being comprising  1,071,783,000 units (“Proposed Authority”);
 
THAT the New Units to be issued pursuant to the Proposed Authority shall, upon allotment and issue, rank pari passu in all respects with the existing units except that the New Units will not be entitled to any income distribution, right, benefit, entitlement and/or any other distributions that may be declared prior to the date of allotment and issuance of such New Units;

THAT authority be and is hereby given to the Directors of the Manager and the Trustee, acting for and on behalf of MQREIT, to give effect to the Proposed Authority with full powers to assent to any conditions, modifications, variations and/or amendments as they may deem fit in the best interest of MQREIT and/or may be imposed by the relevant authorities; 

AND THAT the Directors of the Manager and the Trustee, acting for and on behalf of MQREIT, be and are hereby authorised to implement, finalise, complete and do all acts, deeds and things (including executing such documents as may be required) in relation to the Proposed Authority.”
541,605,057 96.681300 18,591,300 3.318700 Carried




Announcement Info

Company Name MRCB-QUILL REIT
Stock Name MQREIT
Date Announced 03 Apr 2019
Category General Meeting
Reference Number GMA-03042019-00001