Approving Substantial Property Transaction

The resolution serves to ensure that all shareholders are informed and agree with the transaction, preventing any disputes that might arise from unilateral decision-making by the directors or management. By obtaining shareholders' approval, the company demonstrates transparency and adherence to corporate governance standards, thereby protecting the interests of both the shareholders and the company.

This document typically includes the details of the property transaction, such as the nature of the transaction, the parties involved, and any financial implications for the company. The resolution must be passed by a majority or a specific percentage of shareholder votes, as prescribed by the company's articles of association or relevant statutory requirements.