Maple-Brown Abbott’s policy is to vote on all issues at all Australian-listed company meetings for the shares we hold on behalf of our clients. The decision as to how to vote is made after consideration of all relevant issues relating to the resolution. The guiding principle in reaching that decision is what, in our opinion, is in the best interests of our clients as shareholders.
The table below shows how we have exercised our vote for Australian-listed shares held in our trusts. In accordance with our proxy voting policy we voted on all resolutions put to us for the year in question.
Proxy Voting at Australian-listed company meetings for the year ended 30 June 2010
|
Meetings |
Resolutions |
Voted For |
Voted Against |
Abstained |
No Action |
| Number |
50 |
281 |
270 |
6 |
5 |
0 |
| % |
100 |
100 |
96 |
2 |
2 |
0 |
|