The percentage represents some 1.205 billion of units within ESR-REIT’s total of 1.222 billion units.
During the EGM, shareholders holding 98.44% of units in ESR-REIT also voted in favour of the proposed issue of new units to ALOG’s unitholders at an issue price of 49.24 cents per unit as part of the consideration for the merger.
Units in ESR-REIT last traded at 42 cents before its trading halt on the morning of March 21.
Photo: ESR-REIT