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Melcor announces election of directors
Globenewswire·2025-06-24 21:43

Core Points - Melcor Developments Ltd. held its annual general meeting (AGM) on June 24, 2025, with 24,073,887 shares voted, representing 79.59% of outstanding shares [1] - All items of business were approved by shareholders, including the election of directors with high approval rates, ranging from 96.23% to 96.37% [1] Company Overview - Melcor is a diversified real estate development and asset management company established in 1923, known for its innovation in the real estate sector [2] - The company manages the full life cycle of real estate development, including land acquisition, community planning, construction, and management of revenue-producing assets [3] - Melcor develops and manages various properties, including mixed-use residential communities, business and industrial parks, office buildings, retail centers, and golf courses [3] Commitment to Community - Melcor is dedicated to building communities that enhance the quality of life, where people can live, work, shop, and play [4]