REG - Macau Prop Opp Fund - Result of AGM

Macau Property Opportunities FundAnnouncement

20/12/2024 10:15

For best results when printing this announcement, please click on link below:
https://newsfile.refinitiv.com/getnewsfile/v1/story?guid=urn:newsml:reuters.com:20241220:nRST9391Qa&default-theme=true

RNS Number : 9391Q  Macau Property Opportunities Fund  20 December 2024

NOT FOR RELEASE, PUBLICATION OR DISTRIBUTION, DIRECTLY OR INDIRECTLY, IN OR
INTO, THE UNITED STATES, AUSTRALIA, SOUTH AFRICA, CANADA OR JAPAN OR
ANY OTHER JURISDICTION WHERE TO DO SO MIGHT CONSTITUTE A VIOLATION OF THE
RELEVANT LAWS OR REGULATIONS OF SUCH JURISDICTION

20 December 2024

 

Macau Property Opportunities Fund Limited

 

("MPO" or the "Company")

 

Results of Annual General Meeting

 

The Company is pleased to announce that at the Annual General Meeting held at
9.00 am on 20 December 2024, each of the Resolutions tabled were duly passed
without amendment.

 

The details of each resolution are as follows:

 

 Resolution                                                                    For / Discretion  % of Vote  Against  % of Vote  Withheld
 Ordinary business
 1.   To receive and adopt the audited accounts, the Directors' Report, and    37,383,882        99.98      6,623    0.02       19,249
 the Auditor's Report for the year ended 30 June 2024.

 2.   To approve the Directors' Remuneration Report for the year ended 30      37,333,410        99.95      16,885   0.05       59,459
 June 2024.

 3.   To appoint Deloitte LLP, who have indicated their willingness to act,                      99.98      6,623    0.02       15,203
 as auditors of the Company to hold office until the next Annual General

 Meeting of the Company.                                                       37,387,928

 4.   To authorise the Directors to determine the remuneration of Deloitte                       99.98      6,623    0.02       15,203
 LLP.

                                                                             37,387,928

 5.   To re-elect Carmen Ling as a Director of the Company.                                      99.95      17,733   0.05       65,611

                                                                               37,326,410

 6.   To re-elect Mark Huntley as a Director of the Company.                                     99.95      17,733   0.05       93,611

                                                                               37,298,410

 7.   To re-elect Alan Clifton as a Director of the Company.                                     99.87      48,943   0.13       253,330

                                                                               37,107,481

 Special business
 Special Resolution                                                                              99.98      8,023    0.02       9,790

                                                                               37,391,941

 8. To authorise the Company in accordance with Section 315 of The Companies
 (Guernsey) Law 2008 (the "Law") to make market purchases (as defined in
 Section 316 of the Law) either for retention as treasury shares, or
 cancellation, in line with the provisions stated in the Notice.

 Ordinary Resolution                                                                             99.98      7,471    0.02       10,342

                                                                               37,391,941

 9. To extend the duration of the Company to the annual general meeting in
 2025, in accordance with the Articles of Incorporation of the Company.

 

 

Continuation Vote

 

Following the successful vote in favour of Resolution 9, the Company will
extend its duration in accordance with Article 38 of the Articles of
Incorporation of the Company.

 

 

--Ends--

 

 

About Macau Property Opportunities Fund

Premium listed on the London Stock Exchange, Macau Property Opportunities Fund
Limited (http://mpofund.com) is a closed-end investment company registered in
Guernsey and is the only quoted property fund dedicated to investing in Macau,
the world's largest gaming market and the only city in China where gaming is
legalised.

 

Launched in 2006, the Company targets strategic property investment and
development opportunities in Macau. Its current portfolio comprises prime
residential property assets.

 

The Company is managed by Sniper Capital Limited (http://snipercapital.com/) ,
an Asia-based property investment manager with an established track record in
fund management and investment advisory.

 

 

Stock Code

London Stock Exchange: MPO

 

LEI

213800NOAO11OWIMLR72

 

For further information:

 

Manager

Sniper Capital Limited

Group Communications

Tel: +65 6222 1440

Email: info@snipercapital.com (mailto:info@snipercapital.com)

 

Corporate Broker

Panmure Liberum

Darren Vickers

Tel: +44 20 3100 2222

 

Company Secretary & Administrator

Ocorian Administration (Guernsey) Limited

Kevin Smith

Tel: +44 14 8174 2742

 

 

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact
rns@lseg.com (mailto:rns@lseg.com)
 or visit
www.rns.com (http://www.rns.com/)
.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our
Privacy Policy (https://www.lseg.com/privacy-and-cookie-policy)
.   END  RAGQKKBKKBDDOBB