Union Properties announced the results of its Annual General Meeting (AGM), a pivotal moment in the company's journey. For the first time in 11 years, shareholders approved the distribution of cash dividends at a rate of 3 fils per share. This move reflects the company's strong recovery and financial resilience. The high participation level of 68% demonstrates renewed investor confidence in the company's strategy, performance, and future prospects. For the first time in 6 years, the AGM was successfully convened with a full quorum achieved on the first call.
Union Properties Announces First Dividend in 11 Years
Union Properties successfully held its AGM, approving the first dividend distribution in 11 years, marking a significant financial recovery and renewed investor confidence.