Thailand Hospitality Property Fund : Notification of Resolution No. 1/2022 of Unitholders of Thailand Hospitality Property Fund (TLHPF)

Date/Time

17 Mar 2022 07:54:11

Headline

Notification of Resolution No. 1/2022 of Unitholders of Thailand Hospitality Property Fund (TLHPF)

Symbol

TLHPF

Source

TLHPF

Full Detailed News

                Resolution of investment unitholders'/trust unitholders' meeting

Subject                                  : Investment unitholders' resolution
Due date for receiving voting letters    : 16-Mar-2022
Voting result                            : Accordingly approved as proposed 
agenda
Remark                                   :
No.PT 034/2022
17 March 2022

Re:    Notification of Resolution No. 1/2022 of Unitholders of Thailand Hospitality
 Property Fund (TLHPF)
To:    The President
The Stock Exchange of Thailand
Pursuant to One Asset Management Limited ("Management Company") as the 
management company of Thailand Hospitality Property Fund ("Fund") sent the
letter No. PT023/2022 dated 14 February 2022,                 Re: Request for
Resolutions of Unitholders of Thailand Hospitality Property Fund No. 1/2022, to
the Fund's Unitholders for approval of the proposal to adjust the rental payment
terms for the second time of Phi Phi Holiday Company Limited.  The Unitholders
were requested to return their votes by 16 March 2022 ("Request Letter").
The Management Company hereby informs the resolution as follows:
Agenda 1    To consider and approve the Company's proposal to adjust the rental 
payment terms
This Agenda requires affirmative votes of the Unitholders representing majority 
units of the Unitholders entitled to vote. The total number of units of the
Unitholders entitled to vote is 129,000,000 units (out of the total number of
172,000,000 units, excluding the units held by the Unitholders having interest
at the number of 43,000,000 units).
The Unitholders passed the resolution to approve the Company's proposal to 
adjust the rental payment terms with the following votes:
1.    Approved: 91,417,000 units equivalent to 70.87 percent of units of the 
Unitholders entitled to vote.
2.    Disapproved: 2,300,000 units equivalent to 1.78 percent of units of the 
Unitholders entitled to vote.
3.    Abstained: 4,897,900 units equivalent to 3.80 percent of units of the 
Unitholders entitled to vote.
4.    Void ballot: 125,200 units equivalent to 0.10 percent of units of the 
Unitholders entitled to vote.
5.    Not returning vote: 30,259,900 units equivalent to 23.45 percent of units of 
the Unitholders entitled to vote.
From the resolution above, the Company's proposal to adjust the rental payment 
terms is deemed to be approved, and the Management Company will arrange the Fund
to enter into a Memorandum of Agreement with the Company and amend the Fund
Project as detailed in the Request Letter.
?
Please be informed accordingly

Yours sincerely,

Alongkorn Prathanrasnikorn
Senior Executive Vice President
One Asset Management Limited
______________________________________________________________________
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