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Fortress Real Estate Investments Hosts Shareholder Engagement Conference Call

  • Fortress Real Estate Investments failed to gain enough shareholder support for a remuneration resolution at its annual meeting.
  • The company plans to host a video conference call on March 15 to address shareholder concerns directly.
  • Shareholders are encouraged to submit feedback and concerns regarding the remuneration report to the company secretary.
Fortress Real Estate

In response to shareholder concerns regarding its remuneration implementation report, Fortress Real Estate Investments Limited has announced plans to host a video conference call aimed at engaging with shareholders and addressing their feedback.

Background

Fortress Real Estate Investments recently held its annual general meeting on December 1, 2023. However, the company faced a setback when it failed to garner sufficient shareholder support for a non-binding advisory resolution pertaining to its FY2023 remuneration implementation report. This development prompted the company to actively seek input from dissenting shareholders to better understand their reasons for opposing the resolution.

Engagement Initiative

To address shareholder concerns and fulfill its commitment to transparency and accountability, Fortress Real Estate Investments has scheduled a video conference call for Friday, March 15, 2024, at 10:00 AM. The conference call will be conducted via Microsoft Teams and offers shareholders an opportunity to voice their opinions directly to the company.

Date and Time

  • Date: Friday, March 15, 2024
  • Time: 10:00 AM

Conclusion

Fortress Real Estate Investments’ proactive approach to engaging with shareholders reflects its commitment to transparency and responsiveness. By providing a platform for shareholders to express their views and concerns, the company aims to strengthen its relationship with investors and ensure alignment with their interests.

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Lethabo Ntsoane

Lethabo Ntsoane holds a Bachelors Degree in Accounting from the University of South Africa. He is a Financial Product commentator at Rateweb. He is an expect financial product analyst with years of experience in reviewing products and offering commentary. Lethabo majors in financial news, reviews and financial tips. He can be contacted: Email: lethabo@rateweb.co.za Twitter: @NtsoaneLethabo

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