THE manager of Ascott Reit said on Monday that the extraordinary general meeting resolutions relating to the Reit’s merger with Ascendas Hospitality Trust have been passed.
Out of all valid votes cast at the meeting, 99.98 per cent or 1.31 billion of units represented voted in favour of the merger. The number of unitholders present was 680, with 96.2 per cent or 654 voting to approve the proposed Ascott Reit scheme.