Real Estate 11 shareholders approve charter and profit distribution changes

Real Estate 11 Joint Stock Company (HNX:D11) announced the approval of resolutions from its 2025 extraordinary general meeting of shareholders, conducted through a written opinion collection. Key approvals include amendments to Article 40 (Other Matters Related to Profit Distribution) and Article 42 (Reserve Fund for Supplementing Charter Capital) of the company's charter. The resolutions also empower the board of directors to determine the appropriation rate for other funds under owners' equity in 2025, ensuring it does not impact the dividend payment rate approved on June 26, 2025. This matter will be included in the 2026 profit distribution plan. Additionally, the legal representative is authorized to complete the necessary procedures for the charter amendments.

The ballot counting, concluded on November 13, 2025, revealed strong shareholder support. Out of 7,338,138 voting shares issued, 4,140,531 shares participated in the vote, representing 56.42% of total voting shares. For all three key proposals—amending Articles 40 and 42, determining the appropriation rate for other funds, and authorizing the legal representative—4,136,531 shares (56.37% of total voting shares) voted in favor, while 4,000 shares (0.05%) disagreed.