Sabana REIT unitholders voted to remove the REIT's external manager, owned by the ESR group, and to move to an internal management structure, the first such change for a Singapore REIT.
Quarz Capital had requisitioned the meeting and led the campaign.
Summary prepared by Quarz Capital from public reporting by Morningstar. Refer to the original publication for the full article.
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All news →2 Aug 2023 · Dr WealthDr Wealth examines the dispute between Sabana REIT's manager and activist unitholders5 Jul 2023 · REITsWeekQuarz Capital maintains that a simple majority should decide the removal of Sabana REIT's manager28 Jun 2023 · PR NewswireUnitholders call for the EGM resolutions on Sabana REIT's manager to be tabled without amendment

