Kore Us Reit · SGX:CMOU
Kore Us Reit — KORE Wireless — Shareholder Meeting (April 2025)
7 slides from Kore Us Reit's shareholder meeting presentation, Apr 17, 2025
Slide 1: Extraordinary General Meeting
Extraordinary General Meeting 17 April 2025
Slide 2: Proposed Trust Deed Amendment in Relation to Distributions
Proposed Trust Deed Amendment in Relation to Distributions The Plaza Buildings Bellevue, Washington
Slide 3: Background on KORE's Recapitalisation Plan
Background on KORE’s Recapitalisation Plan In February 2024, the Manager had announced plans to recapitalise via the suspension of distributions(1), which is expected to last through to the second half of 2025 in respect of distributions that would otherwise be paid in first half of 2026. Existing t
Slide 4: Proposed Trust Deed Amendment
Proposed Trust Deed Amendment In anticipation of the time when KORE re-commences distributions, originally planned to be 2H 2026 or possibly earlier if market conditions allow, and taking into account the necessary capital investments for KORE in relation to its portfolio, the Manager proposes to am
Slide 5: Long-term Interest of KORE and Unitholders Aligned
Long-term Interest of KORE and Unitholders Aligned Preserve capital to meet capital requirements for the Leverage considerations Sustainable long-term returns United States (US) office US office market requires substantial It is not sustainable for the Manager Funds not distributed can be capi
Slide 6: Seeking Unitholders' approval on the Proposed Trust Deed Amendment
Seeking Unitholders’ approval on the Proposed Trust Deed Amendment SRS investors may appoint the Chairman as 7 April 2025 (Monday), 5.00 p.m. proxy to vote on his/her behalf at the EGM Every vote Deadline for Relevant Intermediary counts Unitholders to approach their respective 7 April 2025 (Monday)
Slide 7: Thank You
Thank You For more information, please visit www.koreusreit.com Connect with us on: Westmoor Center Denver, Colorado