Orion Equities : Results of 2019 Annual General Meeting
November 20, 2019 at 11:41 pm EST
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Thursday, 21 November 2019
ASX CODE : OEQ
MARKET ANNOUNCEMENT
Results of 2019 Annual General Meeting
The Company announces the results of voting on the resolutions considered at the 2019 Annual General Meeting (AGM) held on 21 November 2019 as follows:
All resolutions considered at the AGM were put to a vote on a show of hands with the following outcomes:
Resolutions 1 and 2 were passed unanimously; and
Resolution 3 was defeated unanimously.
The proxy votes received also indicated majority support:
In favour of Resolutions 1 and 2; and
Against Resolution 3.
A summary of total valid proxy votes received is as follows:
All Proxies
For
Against
Abstain
Open
Total
(R1)
Re-Election of Farooq Khan as a Director
9,982,682
1,186,031
0
0
11,168,713
(R2)
Adoption of Remuneration Report
9,870,682
1,295,963
0
0
11,166,645
(R3)
Approval of Voluntary Winding Up
1,684,198
9,484,515
0
0
11,168,713
Chairman's Proxies
For
Against
Abstain
Open
Total
(R1)
Re-Election of Farooq Khan as a Director
521,800
1,186,031
0
0
1,707,831
(R2)
Adoption of Remuneration Report
411,800
1,295,963
0
0
1,707,763
(R3)
Approval of Voluntary Winding Up
1,684,198
23,633
0
0
1,707,831
FOR FURTHER INFORMATION:
Farooq Khan
T | (08) 9214 9797
Executive Chairman
E |info@orionequities.com.au
Victor Ho
Executive Director
T | (08) 9214 9797
and Company Secretary
E |cosec@orionequities.com.au
www.orionequities.com.au
ORION EQUITIES LIMITED
A.B.N. 77 000 742 843
Level 2, 23 Ventnor Avenue, West Perth, Western Australia 6005
Orion Equities Limited published this content on 21 November 2019 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 21 November 2019 04:40:03 UTC
Orion Equities Limited is an Australia-based listed investment company (LIC). The Company invests in a portfolio of listed Australian and international companies and Australian properties. The Company's investment objectives are to achieve a consistent high real rate of return, comprising both income and capital growth, while operating within acceptable risk parameters set by the board; deliver a regular income stream for shareholders in the form of franked dividends, and preserve and protect the capital of the Company. The Company's portfolio of investments includes Australian equities, property held for development and resale, net cash/other assets, and agribusiness. The Companyâs wholly owned subsidiaries include Silver Sands Developments Pty Ltd and CXM Pty Limited.
ORION EQUITIES LIMITED 