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Sabana REIT faces off with activist investors

In print this week

Sabana REIT faces off with activist investors

Goola Warden Published on Fri, Feb 03, 2017 / 3:17 PM GMT+8

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SINGAPORE (Feb 3): Sabana Shar’iah Compliant Industrial REIT’s manager and sponsor say they will conduct a strategic review of the REIT, according to a late announcement on Thursday.

The scope of the review includes the current shareholding structure of the REIT and management of the manager. It also includes Sabana REIT’s strategic direction and business.

This comes after several small unitholders of Sabana REIT are up in arms.

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