Sabana unitholders respectfully urge MAS and SGX RegCo to safeguard the fundamental key pillar of investor protection by providing clear guidance on the Trustee's position on internalization and whether the sponsor is prohibited to vote in a resolution where it is a related party (as the vote will directly affect its fee income)
SINGAPORE, Dec. 6, 2023 /PRNewswire/ -- Unitholders of Sabana Industrial REIT (SGX:M1GU) urgently and respectfully seek the guidance of MAS and SGX RegCo on key questions regarding the Trustee's Statement on the need (or not) for an amendment of the Trust Deed, Trustee's certification, and whethe...
UNITHOLDERS ISSUE OPEN LETTER AND DEMAND SABANA REIT MANAGER(SGX: M1GU) AND ESR GROUP (HKG: 1821) TO TABLE THE 2 STANDALONE ORDINARY RESOLUTIONS WITHOUT AMENDMENTS AT THE EGM
ALL RECIPIENTS ARE ADVISED TO READ "IMPORTANT DISCLOSURE INFORMATION" AT THE END OF THE ATTACHED LETTER EGM RESOLUTIONS ARE STANDALONE, INDEPENDENT AND MUST BE TABLED AS ORDINARY RESOLUTIONS DEMAND SABANA EXTERNAL MANAGER TO RESPECT SINGAPORE'S LEGAL FRAMEWORK AND TABLE THE 2 ORDINARY RESOLUTI...
Unitholders Requisition EGM at Sabana REIT to VOTE FOR Replacing the Current External Manager with a Newly Setup Internal Manager
SINGAPORE, June 9, 2023 /PRNewswire/ -- Quarz Capital and Unitholders holding more than 10% of the total units of Sabana Industrial REIT (SSREIT SP Equity) are requisitioning to convene an Extraordinary General Meeting ("EGM") for unitholders to VOTE FOR replacing the current External REIT Manage...
VOTE AGAINST RESOLUTIONS 3 AND 4 at the Sabana Industrial REIT 25 April 2023 AGM
SINGAPORE, April 14, 2023 /PRNewswire/ -- Quarz Capital Management, Ltd today issued an open letter to the management and board of Sabana Industrial REIT, the full text of which is provided below. QUARZ CAPITAL MANAGEMENT ISSUES OPEN LETTER TO THE MANAGEMENT AND BOARD OF SABANA REIT (SGX: M1GU)...
Quarz is Highly Concerned that Sabana REIT's Continued Deterioration in Performance may Further Reduce DPU and Urges Sabana Directors Not to Waste Unitholders' Monies by Appointing an Independent Financial Advisor
SINGAPORE, Feb. 21, 2023 /PRNewswire/ -- Quarz Capital Management, Ltd today issued an open letter to the management and board of Sabana Industrial REIT, the full text of which is provided below. QUARZ CAPITAL MANAGEMENT ISSUES OPEN LETTER TO THE MANAGEMENT AND BOARD OF SABANA REIT (SGX: M1GU)...
Quarz Refutes Biased & False Allegations and Reiterates Long-Term and Full Alignment of Interest with Sabana Independent Unitholders
ALL RECIPIENTS ARE ADVISED TO READ "IMPORTANT DISCLOSURE INFORMATION" AT THE END OF THE ATTACHED LETTER SINGAPORE, April 13, 2022 /PRNewswire/ -- On April 13, 2022, Quarz Capital published a letter to its investors concerning an article "Amidst Quarz's demands, a buyer emerges for its stake in S...
Requisition to Immediately Convene an EGM to Vote on the Endorsement of Mr Chan Wai Kheong as a Director of Sabana REIT (SGX:M1GU)
SINGAPORE, Aug. 2, 2021 /PRNewswire/ -- Quarz Capital and Black Crane Capital hold more than 10% of the total issued units of Sabana REIT (SSREIT SP Equity). We are requiring Sabana REIT Manager to immediately proceed to convene an extraordinary meeting ("EGM") for independent unitholders of Saba...
Unitholders Demand Sabana REIT Manager (SGX:M1GU) to Promptly Conduct the Requistioned EGM for the Endorsement of Mr Chan Wai Kheong as a Director
SINGAPORE, July 8, 2021 /PRNewswire/ -- Quarz Capital Management and Black Crane Capital issued an open letter to the Management and Board of Sabana REIT. QUARZ CAPITAL MANAGEMENT AND BLACK CRANE CAPITAL ISSUE OPEN LETTER TO THE MANAGEMENT AND BOARD OF SABANA REIT (SGX: M1GU) ALL RECIPIENTS ARE ...
Quarz Capital Management And Black Crane Capital Issue Open Letter To The Management And Board Of Sabana Reit (SGX: M1GU)
SINGAPORE, March 26, 2021 /PRNewswire/ -- Quarz Capital Management and Black Crane Capital issue open letter to Sabana REIT Manager calling for the, 1) immediate resignation of the earlier nominated new directors, and 2) tabling of the new director candidates proposed by Quarz and Black Crane ...
Quarz and Black Crane Demand Clear Answers and Actions from Sabana REIT Manager (SGX:M1GU) and Do Not Intend to Endorse Both the Proposed New Independent Directors
GEORGE TOWN, Cayman Islands, March 18, 2021 /PRNewswire/ -- The addition of the full year contribution of the new retail component potentially makesSabana REIT one of the highest yielding SGX listed industrial REIT with Dividend Yield of ~8.3% despite having one of the lowest leverage levels. ...
