MISSISSAUGA, ON, Could 5, 2022 /CNW/ – Morguard North American Residential Actual Property Funding Belief (the “REIT”) MRG at this time introduced the outcomes of issues voted on at its annual unitholders’ assembly held on Could 4, 2022 (the “Assembly”), which included the election of trustees of the REIT, the entire nominees listed in its administration data round dated March 14, 2022. The voting outcomes for every of the issues introduced on the Assembly are introduced beneath.
The full variety of items and particular voting items represented by holders current in particular person or by proxy on the assembly was 37,088,838 representing 65.88% of the REIT’s whole excellent items and particular voting items.
1. Election of Trustees
The seven (7) nominees proposed by administration have been elected as trustees of the REIT to carry workplace till the termination of the following annual assembly of unitholders or till their successors are duly elected or appointed, topic to the provisions of the REIT’s Declaration of Belief. Proxies have been acquired on this matter for items and particular voting items of the REIT as follows:
|
Title |
Votes For |
% |
Votes Withheld |
% |
|
Avtar T. Bains |
33,871,326 |
92.05 |
2,925,123 |
7.95 |
|
Dino Chiesa |
35,924,661 |
97.63 |
871,788 |
2.37 |
|
Mel Leiderman |
36,418,763 |
98.97 |
377,686 |
1.03 |
|
Frank Munsters |
29,204,013 |
79.37 |
7,592,436 |
20.63 |
|
Bruce Ok. Robertson |
36,638,207 |
99.57 |
158,242 |
0.43 |
|
Ok. Rai Sahi |
36,207,853 |
98.40 |
588,596 |
1.60 |
|
William O. Wallace |
34,024,096 |
92.47 |
2,772,353 |
7.53 |
2. Appointment of Auditors
The agency of Ernst & Younger LLP, chartered accountants, was appointed as auditor of the REIT to carry workplace till the shut of the following annual assembly of the unitholders or till their successors are duly appointed, and to authorize the trustees to repair the remuneration of the auditor. Proxies have been acquired on this matter for items and particular voting items of the REIT as follows:
|
Votes For |
% |
Votes Withheld |
% |
|
36,820,783 |
99.28 |
268,055 |
0.72 |
About Morguard North American Residential REIT
The REIT is an unincorporated, open-ended actual property funding belief which owns, by a restricted partnership, pursuits in Canadian residential condo communities, situated in Alberta and Ontario, and U.S. residential condo communities situated in Colorado, Texas, Louisiana, Illinois, Georgia, Florida, North Carolina, Virginia and Maryland.
SOURCE Morguard North American Residential REIT
View unique content material: http://www.newswire.ca/en/releases/archive/May2022/05/c4682.html
