Willdale Limited

Willdale Limited | Results of Extraordinary General Meeting

By Published On: April 9th, 2024Categories: AGM

The Board would like to announce that all resolutions put to the vote at an extraordinary general meeting held on 4 April 2024 were passed as follows:

RESOLUTION RESULT
1 Special Resolution – To enter into a development Agreement with Zusammen (Private) Limited for the development of approximately 123.6 hectares of undeveloped land that is currently owned by the Company, into residential, commercial and industrial stands for sale in the form as tabled in the Circular dated 12 March 2024. Passed
2 Special Resolution – To obtain a subdivision permit for certain pieces of land collectively known as Kinvarra that is currently owned by the Company and to enter into a Development Agreement with Melrose Construction (Private) Limited for the development of approximately 42 hectares of land into residential, commercial and industrial stands for sale in the form as tabled in the Circular dated 12 March 2024. Passed
3 Special Resolution – Authorising the Directors of the Company to enter into Development Agreements on substantially the same terms and parameters as the proposed Haydon and Kinvarra Transactions, for the development of approximately 12.6 hectares of undeveloped land in Christmas Gift, Gweru in which the Company currently holds a beneficial interest, into residential, commercial and industrial stands for sale, in the form as tabled in the Circular dated 12 March 2024. Passed
5 Ordinary Resolution – That the Directors of the Company be and are hereby authorised, instructed and empowered to do any and all such things as are consistent with and may generally be required to give effect to the above Special Resolutions. Passed

 

By order of the Board

M Munginga
Company Secretary

8 April 2024

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