Skip to content

Manulife US REIT Shareholders Overwhelmingly Approved all 3 resolution

Photo credits to Manulife US REIT Team.

Manulife US REIT team announce voting results during 14 Dec 2023 EGM.

The voting results for all 3 resolution has receive strong support from shareholders.

Resolution 1 (Passed)

To approve the Proposed Divestment of the property known as Park Place located at 1650 & 1700 South Price Road, Chandler, Arizona, United States 85286, at a divestment consideration of US$98.7 million as an interested person transaction.

FOR - 97.74%
AGAINST - 2.26%

Resolution 2 (Passed)

To approve the proposed Sponsor-Lender Loan granted by The Manufacturers Life Insurance Company or an affiliate, as an interested person transaction.

FOR - 97.55%
AGAINST - 2.45%

Resolution 3 (Passed)

To approve the proposed adoption of the Disposition Mandate to authorise the disposal of any one or more of the Existing Properties.

FOR - 98.07%
AGAINST - 1.93%

For more details please refer to this link