The Hellenic Village Ltd is set to be a hot topic of discussion at the upcoming General Meeting of AHEPA NSW on Sunday, February 4 at 6pm.
The Hellenic Village Ltd is made up of 21 Greek associations in Sydney (Unit Holders), including AHEPA NSW which holds 3 shares.
As first reported by The Greek Herald, the Unit Holders unanimously agreed to sell their 105-acre property at Gurner Avenue in Austral, NSW for $117.5 million during an Extraordinary General Meeting (EGM) on Monday, 30 October 2023. During the EGM, the Unit Holders could not come to an agreement on how the funds from the sale of the Austral property should be distributed.
This issue of concern is set to be discussed at AHEPA NSW’s General Meeting on February 4. Members will also be asked to vote on the following Special Resolution:
THAT the Members of the Order of AHEPA (NSW) Inc. (the Order) hereby authorise the Committee of Management to appoint three delegates, namely Bill Skandalakis, Theophilus Premetis and John Kallimanis, or alternative delegates at the absolute discretion of the Committee of Management:
- to jointly represent the Order in relation to any discussions and negotiations with the Hellenic Village Limited relating to the Kemps Creek Land (Lot 10 Deposited Plan 771080) (Lot 10, off Gurner Avenue, Austral NSW);
- on behalf of the Order and as joint representatives of the Order, to attend all future meetings of the Hellenic Village Limited concerning the Kemps Creek Land.
The Special Resolution will only pass if 75 per cent or more of the members present at the meeting vote in its favour.
General Meeting details:
- Date: Sunday, 4 February 2024
- Time: 6:00 PM
- Place: AHEPA NSW Hall, 394-396 Princes’ Highway, Rockdale, NSW, 2216
