Global Education Communities Corp. Reports Director Election Results

Rhea-AI Summary

Global Education Communities Corp. (TSX:GEC)(OTCQB:GECSF) has announced the results of director elections from its annual general meeting held on February 7, 2025. All nominated directors were successfully elected with overwhelming shareholder support. The voting results showed strong approval ratings:

- Toby Chu: 99.67% in favor
- Tony David: 99.91% in favor
- Derek Feng: 99.91% in favor
- May Hsu: 99.94% in favor
- Troy Rice: 99.91% in favor
- Shane Weir: 99.91% in favor

The company noted that detailed voting results for other matters discussed at the meeting are available on SEDAR+.

Positive

• High shareholder approval rates (>99%) for all director nominees indicating strong investor confidence

Negative

• None.

VANCOUVER, BC / ACCESS Newswire / February 7, 2025 / Global Education Communities Corp. (TSX:GEC)(OTCQB International:GECSF) ("GECC") reports the director election voting results from its annual general meeting held today. All of the director nominees, as listed in the management information circular dated December 23, 2024, were elected. Proxy voting as to each of the director nominees was as follows:

	Votes in Favour	Votes Withheld
Toby Chu	99.67%	0.33%
Tony David	99.91%	0.09%
Derek Feng	99.91%	0.09%
May Hsu	99.94%	0.06%
Troy Rice	99.91%	0.09%
Shane Weir	99.91%	0.09%

Please see the report of voting results filed today under GECC's profile on SEDAR+ for the results of the other matters voted on by shareholders at the meeting.

About GECC, a Leader in Education and Student Housing:
Since 1994, GECC has established itself as a leading player in the Canadian education and student housing sector, serving both domestic and international markets. GECC offers a comprehensive range of services, encompassing business and language colleges, student-centric rental apartments, recruitment services for educational opportunities, and a network of campuses and offices across 40 locations.

Through its subsidiaries, GECC provides a holistic educational experience for over 12,500 students annually. These subsidiaries include established institutions like Sprott Shaw College (founded in 1903), Sprott Shaw Language College, Vancouver International College, and CIBT. These subsidiaries offer programs covering healthcare, business, and technology.

GECC also addresses student housing needs through its subsidiary, Global Education City Holdings Inc. ("GECH"). GECH focuses on developing and managing student-centric rental apartments and education super-centers in Metro Vancouver, boasting a portfolio exceeding $1.3 billion, including operational properties and projects under development.

GECC also owns Global Education Alliance Inc., a subsidiary that specializes in placing students in elite North American schools and universities and Irix Design, a leading design and media communication company based in Vancouver, Canada.

Visit GECC online at www.GEChq.com to explore our services and watch our corporate video.

Toby Chu
Chairman, President & CEO
Global Education Communities Corp.

Investor Relations Contact: 1-604-871-9909 extension 319 or | Email: info@GEChq.com

SOURCE: Global Education Communities Corp

View the original press release on ACCESS Newswire

FAQ

What were the voting results for GECSF's director elections in February 2025?

All director nominees were elected with strong approval ratings ranging from 99.67% to 99.94% in favor.

Who received the highest approval percentage in GECSF's 2025 director elections?

May Hsu received the highest approval rating with 99.94% of votes in favor.

When was Global Education Communities Corp's (GECSF) 2025 annual general meeting held?

The annual general meeting was held on February 7, 2025.

Which director received the lowest approval percentage in GECSF's 2025 elections?

Toby Chu received the lowest approval percentage with 99.67% of votes in favor, though still maintaining strong support.