Stoneweg Europe Stapled Trust secures shareholder approval for all AGM resolutions

SGX Filings
May 21

Stoneweg Europe Stapled Trust announced that stapled securityholders approved all four ordinary resolutions tabled at the Annual General Meeting held on Apr, 28 2026.

The meeting adopted the FY2025 audited financial statements, with 99.93% of votes in favour. Deloitte & Touche LLP was re-appointed as auditor until the next AGM after receiving 99.86% support.

Securityholders also authorised the managers to issue new stapled securities of up to 50% of the existing float – with a 20% sub-limit for non-pro-rata issues – and to undertake on-market and off-market buy-backs of up to 10% of outstanding stapled securities. The issuance mandate passed with 86.54% support, while the buy-back mandate obtained 87.83% approval.

During the meeting, Chair Lim Swe Guan said the trust delivered resilient FY2025 results and is positioned for 2026 with a portfolio weighted toward logistics, light industrial and data-centre assets. Chief Executive Officer Simon Garing reiterated that FY2026 distributions per stapled security are expected to be broadly in line with the prior year, barring unforeseen circumstances.

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