AIMS APAC REIT (O5RU) secures shareholder approval for all resolutions at 17th AGM

SGX Filings
Aug 19

AIMS APAC REIT (O5RU) announced that all four ordinary resolutions were passed at its 17th annual general meeting held on Jul, 28 2026 in Singapore.

Unitholders adopted the Trustee’s Report, Statement by the Manager and audited financial statements for the year ended Mar, 31 2026, with 99.94% of the 372.3 million units voted in favour and 0.06% against.

KPMG LLP was re-appointed as external auditor until the next AGM, receiving 98.59% approval (367.1 million units) versus 1.41% against (5.25 million units).

A general mandate authorising the Manager to issue new units and convertible instruments obtained 94.19% support (350.4 million units), while 5.81% (21.60 million units) were voted against.

Unitholders also backed a unit buy-back mandate, with 99.96% (369.89 million units) voting for and 0.04% (0.13 million units) against.

During the meeting, Chief Executive Officer Russell Ng reviewed FY2026 performance and disclosed a foreign currency translation reserve deficit of approximately 45 million Singapore dollars, attributed to Australian-dollar weakness. Management addressed queries on leadership succession, strategies to mitigate lease decay, occupancy improvements and plans for data-centre developments. The AGM concluded at 12:00 p.m.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

  1. 1
     
     
     
     
  2. 2
     
     
     
     
  3. 3
     
     
     
     
  4. 4
     
     
     
     
  5. 5
     
     
     
     
  6. 6
     
     
     
     
  7. 7
     
     
     
     
  8. 8
     
     
     
     
  9. 9
     
     
     
     
  10. 10