Results of General Meeting: Bora and Acacia Estate disposals
(“Grit” or the “Company” and, together with its subsidiaries, the "Group")
- (“Grit” or the “Company” and, together with its subsidiaries, the "Group")
The board of Directors of Grit Real Estate Income Group Limited (the "Board") is pleased to announce that at the general meeting of the Company (“GM”) held at Unity Building, The Precinct, M2 Junction, B11 Fond du Sac Road, Grand Baie at 1.00 p.m. (MUT) / 9.00 a.m. (GMT) today, Friday, 16 February 2024, all resolutions were passed by the Company’s shareholders. - “We are pleased to announce 93.87% support for the Bora and Acacia transactions, reaffirming the Board’s strategy of asset recycling at, or close to, book value and reinforces the Group’s audited net asset value at 30 June 2023.
- Adjusting for this, the participation rate was 72.3%.
- The detailed results of the voting, are as follows: