Winton Land approves Perpetual Trust acquisition

Winton Land shareholders have approved the acquisition of 6,991,166 ordinary shares by Perpetual Corporate Trust.

The resolution was passed during a special meeting of shareholders, which was held online and conducted through a poll.

Of the total number of votes cast, 99.99% were in favour of the acquisition, while 0.01% were against it.

No further details of the meeting or the acquisition were provided in the announcement.

Winton is a residential land developer with 14 masterplanned communities and a portfolio of 26 projects.