1 Sep 2021 18:20
1 September 2021
Aseana Properties Limited
("Aseana")
Result of Annual General Meeting
Aseana Properties Limited (LSE: ASPL), a property developer in Malaysia and Vietnam, listed on the Main Market of the London Stock Exchange, announces that at its Annual General Meeting held today, 1 September 2021, all resolutions were duly passed.
Annual General Meeting
The votes received in respect of the resolutions proposed at the Annual General Meeting represented a total of 82 per cent. of the 198,691,000 ordinary shares in issue as at the date of the meeting (each ordinary share carries one vote).
The voting was as follows:
Resolution | For / Discretion votes
| % | Against votes | % | Total votes cast | Abstained votes |
1. Approval of Company's Annual Audited Financial Statements | 163,491,766 | 100% | 0% | 0% | 163,491,766 | 0 |
2. Re-elect Nicholas Paris | 83,773,101 | 94.8% | 4,578,535 | 5.2% | 88,351,636 | 75,140,130 |
3. Re-elect Helen Wong | 163,491,766 | 100% | 0 | 0% | 163,491,766 | 0 |
4. Elect Thomas Holland | 163,491,766 | 100% | 0 | 0% | 163,491,766 | 0 |
5. Re-appoint PKF as auditors | 163,491,766 | 100% | 0 | 0% | 163,491,766 | 0 |
6. Authorise Directors to determine the auditor's remuneration | 163,491,766 | 100% | 0 | 0% | 163,491,766 | 0 |
7. Authorise Share Buybacks | 126,837,574 | 77.6% | 36,654,192 | 22.4% | 163,491,766 | 0 |
8. Authorise Share Repurchases | 126,837,574 | 77.6% | 36,654,192 | 22.4% | 163,491,766 | 0 |
Director's statement:
The Directors note that more than twenty per cent. of votes cast on resolutions 7 and 8 were against the resolutions. Accordingly the Directors will engage with the shareholders who cast those votes, in order to establish the reasons behind their voting positions.
Further information on the resolutions is available on the Company's website at the following links: http://www.aseanaproperties.com/documents.htm and http://www.aseanaproperties.com/voting-reports.htm respectively.
Copies of the resolutions (other than those concerning ordinary business) have been forwarded to the Financial Conduct Authority via the National Storage Mechanism and are available for inspection at https://data.fca.org.uk/#/nsm/nationalstoragemechanism.
For further information:
Aseana Properties Limited Nick Paris | Tel: 020 3325 7050 |
nickparis@btinternet.com
| |
Liberum Capital | Tel: 020 3100 2000 |
Darren Vickers / Owen Matthews |
Aseana Prop. (ASPL)