Dissenting minority shareholder moves to stir up Asiatic Group, says will issue open letter on May 9

SINGAPORE (May 8): A year ago, Jerry Low Chin Yee made himself known among REIT watchers as the disgruntled unitholder who successfully organised and led a campaign to boot out the underperforming manager of Sabana REIT.

See: Sabana REIT manager CEO Xayaraj steps down; acquisition of 47 Changi South Ave 2 aborted

Now, the same person has set his sights on beating the drum for change in engineering management specialist Asiatic Group as the company’s minority shareholder.

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