22 Apr 2022 18:41:00
Notification of the postponement of the 2022 Annual General Meeting of Unitholders of Multi-National Residence Fund (MNRF) due to the absence of the quorum
Schedule of investment unitholders' meeting/trust unitholders' meeting Subject : Schedule of investment unitholders' meeting Meeting Type : Annual General Meeting Date announced (Update) : 22-Apr-2022 Record date for the right to attend the : 16-Mar-2022 meeting Ex-meeting date : 15-Mar-2022 Significant agenda item : Venue of the meeting : Electronics Meeting Platform (E-AGM) Remark (Update) : Ref: MFC PT 33/2022 22 April 2022 To: President The Stock Exchange of Thailand Re: Notification of the postponement of the 2022 Annual General Meeting of Unitholders of Multi-National Residence Fund (MNRF) due to the absence of the quorum MFC Asset Management Public Company Limited (the "Management Company"), as the Asset Management Company of Multi-National Residence Fund ("Fund"), has arranged the 2022 Annual General Meeting of unitholders, through the Electronic Meeting Platform (E-AGM), on 22 April 2022 at 10:00 a.m. It appears that, upon the lapse of one hour from the time fixed for the meeting commencement, there were 43 unitholders attending the meeting in person and by proxy, holding 24,358,526 investment units equivalent to 22.66 percent of the total number of investment units sold. Thus, the quorum of the meeting was not constituted according to the Terms of the Fund Scheme and Section 129/2 of the Securities and Exchange Act B.E. 2535 (as amended) which provides that the quorum of the unitholders' meeting shall constitute at least twenty-five unitholders or half of the total number of the unitholders, and the total investment units of the attending unitholders shall be not less than one-third of the total investment units sold of the mutual fund project. (that is, there must be unitholders who hold a total of not less than 35,833,334 units from the total number of investment units of the Fund 107,500,000 units). As mentioned above, the Management Company is, therefore, unable to hold the 2022 Annual General unitholders' meeting in accordance with the second paragraph of Section 129/2 of the Securities and Exchange Act B.E. 2535 (as amended), which states that In the case where any unitholders' meeting fails to form a quorum in accordance with the criteria specified in the first paragraph after one hour has lapsed, the securities company may call for a new unitholders' meeting for which the quorum is no longer required. Therefore, the Management Company is required to postpone this 2022 Annual General Meeting of Unitholders. In this regard, the Management Company will reschedule the meeting and will further inform the schedule of the postponed 2022 Annual General Meeting of Unitholders to the unitholders and the Stock Exchange of Thailand. Please be informed accordingly Yours faithfully (Ms. Natree Panassutrakorn) Executive Vice President ______________________________________________________________________ This announcement was prepared and disseminated by listed company or issuer through the electronic system which is provided for the purpose of dissemination of the information and related documents of listed company or issuer to the Stock Exchange of Thailand only. The Stock Exchange of Thailand has no responsibility for the correctness and completeness of any statements, figures, reports or opinions contained in this announcement, and has no liability for any losses and damages in any cases. In case you have any inquiries or clarification regarding this announcement, please directly contact listed company or issuer who made this announcement.