ARA LOGOS Logistics Trust (ALOG)

ESR-LOGOS reports DPU of 0.737 cents for 2QFY2022 - THE EDGE SINGAPORE

Results

ESR-LOGOS reports DPU of 0.737 cents for 2QFY2022

The quarter's DPU brings the REIT’s DPU for the 1HFY2022 to 1.460 cents.

REITs

Units in ESR-LOGOS REIT closed flat at 39.5 cents on first day of trading

The new REIT will continue trading under ESR-REIT’s stock code J91U. ALOG has been delisted with effect from 9am on May 5.

REITs

ALOG in legal proceedings over property at 2 Fishery Port Road

The amount in dispute is around $8 million including interest and costs.

REITs

ARA LOG unitholders give go ahead for scheme resolution and amendment of the trust deed

Both resolutions have been passed and the merger will be going ahead, subject to court approval.
ESR-REIT receives approval from unitholders on merger with ARA LOG and proposed issue of new units - THE EDGE SINGAPORE

REITs

ESR-REIT receives approval from unitholders on merger with ARA LOG and proposed issue of new units

Units in ESR-REIT last traded at 42 cents before its trading halt on the morning of March 21.
Proxy advisor recommends a vote for merger between ALOG and ESR-REIT  - THE EDGE SINGAPORE

M&A

Proxy advisor recommends a vote for merger between ALOG and ESR-REIT

Proxy advisor sees merits of ALOG and ESR-REIT merger, and recommends ALOG unitholders vote for the merger
Growth of ESR-REIT and ARA LOGOS likely to be 'negatively impacted' if conflicts of interest not solved - THE EDGE SINGAPORE

REITs

Growth of ESR-REIT and ARA LOGOS likely to be 'negatively impacted' if conflicts of interest not solved

Units in ESR-REIT and ALOG closed at 43 cents and 83 cents respectively on Feb 8.

Broker's Calls

RHB recommends ARA LOGOS' unitholders 'take profit' after sweetened merger offer

The brokerage has also kept ‘buy’ on ESR-REIT after the revised offer.
ARA LOGOS Logistics Trust to receive higher scheme consideration from ESR-REIT - THE EDGE SINGAPORE

REITs

ARA LOGOS Logistics Trust to receive higher scheme consideration from ESR-REIT

ALOG will be deferring the EGM and scheme meeting in relation to the merger scheduled on Jan 27 to a future date.
Oz: Land of Opportunity for S-REITs  - THE EDGE SINGAPORE

REITs

Oz: Land of Opportunity for S-REITs

S-REITs head down under for stable currency, freehold land, rule of law and strong regulatory framework
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