REG - Macau Prop Opp Fund - Result of Annual General Meeting

Macau Property Opportunities FundAnnouncement

21/12/2023 11:15

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RNS Number : 6386X  Macau Property Opportunities Fund  21 December 2023

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21 December 2023

 

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 21 December 2023, 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    32,663,599        99.98      5,071    0.02       4,046
 the Auditor's Report for the year ended 30 June 2023.

 2.   To approve the Directors' Remuneration Report for the year ended 30      32,624,599        99.92      25,117   0.08       23,000
 June 2023.

 3.   To appoint Deloitte LLP, who have indicated their willingness to act,    32,667,645        99.98      5,071    0.02       0
 as auditors of the Company to hold office until the next Annual General
 Meeting of the Company.

 4.   To authorise the Directors to determine the remuneration of Deloitte     32,667,645        99.98      5,071    0.02       0
 LLP.

 5.   To re-elect Mark Huntley as a Director of the Company.                   32,639,599        99.98      6,071    0.02       27,046

 6.   To re-elect Alan Clifton as a Director of the Company.                   32,639,599        99.98      6,071    0.02       27,046

 7.   To re-elect Carmen Ling as a Director of the Company.                    32,639,599        99.98      6,071    0.02       27,046

 Special business
 Special Resolution                                                            32,667,645        99.98      5,071    0.02       0

 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                                                           32,651,645        99.94      21,071   0.06       0

 9. To extend the duration of the Company to the annual general meeting in
 2024, 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

Liberum Capital

Darren Vickers / Owen Matthews

Tel: +44 20 3100 2234

 

Company Secretary & Administrator

Ocorian Administration (Guernsey) Limited

Kevin Smith

Tel: +44 14 8174 2742

 

 

 

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