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%
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