Vital Healthcare Property Trust’s meeting today on its manager’s recommendation to become listed on the ASX was adjourned until 10am on Thursday, once again fully virtual because of the Covid-19 virus.
The trust’s manager, Northwest Healthcare Properties Management Ltd, has proposed a foreign exempt listing on the Australian Securities Exchange.
The resolutions require 75% approval by unitholders entitled to vote and who vote. NorthWest is unable to vote its holding of 24.9% of the units.
The meeting was adjourned as several stakeholders requested more time to prepare to participate.
Proxies will remain valid at the adjourned meeting and the manager will accept new proxies up to 1pm Wednesday.
30 March 2020: Fully online meeting tomorrow to decide on Vital ASX listing
18 December 2019: Vital Healthcare works towards ASX listing vote by March
Attribution: Company release.