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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 the Auditor's Report for the year ended 30 June
2024.
|
37,383,882
|
99.98
|
6,623
|
0.02
|
19,249
|
|
2. To approve the Directors' Remuneration Report for the year
ended 30 June 2024.
|
37,333,410
|
99.95
|
16,885
|
0.05
|
59,459
|
|
3. To appoint Deloitte LLP, who have indicated their willingness
to act, as auditors of the Company to hold office until the next
Annual General Meeting of the Company.
|
37,387,928
|
99.98
|
6,623
|
0.02
|
15,203
|
|
4. To authorise the Directors to determine the remuneration of Deloitte
LLP.
|
37,387,928
|
99.98
|
6,623
|
0.02
|
15,203
|
|
5. To re-elect Carmen Ling as a Director of the
Company.
|
37,326,410
|
99.95
|
17,733
|
0.05
|
65,611
|
|
6. To re-elect Mark Huntley as a Director of the
Company.
|
37,298,410
|
99.95
|
17,733
|
0.05
|
93,611
|
|
7. To re-elect Alan Clifton as a Director of the
Company.
|
37,107,481
|
99.87
|
48,943
|
0.13
|
253,330
|
|
Special
business
|
|
|
|
|
|
|
Special Resolution
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.
|
37,391,941
|
99.98
|
8,023
|
0.02
|
9,790
|
|
Ordinary Resolution
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.
|
37,391,941
|
99.98
|
7,471
|
0.02
|
10,342
|
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 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, 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
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