FIRST IGW REIT ANNUAL GENERAL MEETING: RESULTS Friday, May 13, 2011
Dear Member-Partners and Member Candidates, It is my pleasure to report that our first Annual General Meeting of IGW REIT unitholders held on May 5 was a resounding success. The meeting and vote allowed you to have your say in the future of the IGW REIT by voting on the resolutions that we put forward for consideration. First of all, I am pleased to report that we achieved a quorum with 39% of all REIT units accounted for, which enabled us to carry on the vital business. I am also pleased to report that the resolutions – ones that will enable us to make significant improvements to the structure of the IGW REIT and which will better position us in the years to come – were overall passed by more than 95% of all the REIT units voted. Going forward, these changes will ensure that we remain on the leading edge of corporate governance, compliance, transparency and of standards and practices. It also means that we will continue to look with even greater confidence for properties and investment opportunities both inside and outside the REIT. The success of this meeting affirms our belief that it is indeed a great time to be Member-Partner in LEAGUE. If you have any questions, please click here to request information from your Member Services Manager. Warmest regards,
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This document is for information purposes only and is not an offer to sell or a solicitation of an offer to purchase securities. Any offering will be made by way of offering memorandum or, in Ontario and Quebec, will be made only to accredited investors or those investing more than $150,000. There are risks associated with this investment, which risks are discussed in the offering memorandum and subscription agreement. You are encouraged to read the offering memorandum (available upon request) and the subscription agreement before making your investment decision. |
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