ESR’s shareholders also voted overwhelmingly to elect Lim Hwee Chiang (John), Dr. Chiu Kwok Hung Justin and Rajeev Kannan as non-executive directors of the board upon completion of the proposed acquisition.
Shareholders of ESR Cayman have, on Nov 3, voted to approve all the proposals related to the acquisition of ARA Asset Management.
At ESR Cayman’s extraordinary general meeting (EGM), some 91.81% of the votes cast were in favour of the proposed acquisition.
