Melkar announced the results of the annual general meeting vote

Article content

Edmonton, Alberta, May 19, 2022 (GlobeNewswire) – Melcar Developments Limited (TSX: MRD), an Alberta-based real estate development and asset management company, announced the results of its Annual General Meeting (AGM) today. A total of 26,489,850 shares were voted by Proxy, representing 80.68% of the outstanding shares as of the record date. Shareholders have approved all items of business prior to the AGM, including the selection of managers as follows:

Nominee % Votes for % Votes suspended
Douglas Goss 95.97 4.03
Andrew Melton 94.97 5.03
Kathleen Melton 94.96 5.02
Timothy Melton 95.99 4.01
Bruce Penk 96.15 3.85
Janet Reopel 99.91 0.09
Katherine Rugen 95.13 4.87
Ralph Young 95.08 4.92

Article content

About Melkar Development Limited

Melkar is a diversified real estate development and asset management company with a rich tradition of real estate innovation since 1923.

Through the integrated operating division, Melkar manages the entire life cycle of real estate development: raw land acquisition, community planning, construction and development and revenue generating offices, retail and residential asset management. Melkar develops and manages mixed-use residential communities, business and industrial parks, office buildings, retail trade centers and golf courses.

Melkar is committed to creating a community that enriches the quality of life – a community where people live, work, shop and play sports.

Leave a Reply

Your email address will not be published.