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Jerry Low Chin Yee
In print this week
Do minority investors still have a voice?
SINGAPORE (Oct 5): While retail investors are growing more savvy at navigating the local stock market and asking companies tough questions, they are now worried about litigation.
October 05, 2018
In print this week
Snuffing out the open flames of dissent at Asiatic
SINGAPORE (July 27): Tay Kah Chye, chairman of Asiatic Group (Holdings), wasted no time in addressing an issue that has plagued the company for the last couple of months when he kicked off its annual general meeting on July 26.
July 27, 2018
Shareholder activism
Asiatic minority shareholder Jerry Low hit with second defamation claim from executive directors
SINGAPORE (July 23): The three Tan brothers who helm Asiatic Group (Holdings), have issued a cease and desist letter against dissenting minority shareholder Jerry Low for making “false allegations” and republishing “unsubstantiated and scurrilous co
July 23, 2018
Shareholder activism
Asiatic Group moves to sue dissenting minority shareholder Jerry Low for defamation
SINGAPORE (July 22): Asiatic Group has issued a cease and desist letter to its minority shareholder, Jerry Low Chin Yee, for making and publishing what it deems a “series of defamatory and injurious remarks” against the company and its board of direct
July 22, 2018
In print this week
Asiatic defends power plant investments in the face of shareholders' criticisms
SINGAPORE (June 8): Asiatic Group insists its power plant investments remain viable amid criticism from some minority shareholders that they have been mismanaged and that their financial terms are questionable.
June 08, 2018
Asiatic responds to dissenting shareholder Low
SINGAPORE (June 4): Asiatic Group Holdings, the operator of power plants, says the group has managed to stay profitable for the past five financial years despite the challenges which are outside the control of the group.
June 04, 2018
Shareholder activism
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.
May 08, 2018
Results
Sabana REIT reports 24.3% lower 2Q DPU of 0.81 cent after manager forgoes 25% fees
SINGAPORE (July 26): The manager of Sabana Shari’ah Compliant Industrial Real Estate Investment Trust (Sabana REIT) has reported a distribution per unit (DPU) of 0.81 cent for 2Q17, down 24.3% from the 1.07 cent DPU declared a year ago.
July 26, 2017
Sabana REIT manager CEO Xayaraj steps down; acquisition of 47 Changi South Ave 2 aborted
SINGAPORE (May 9): Kevin Xayaraj has stepped down from his position as CEO and Executive Director of Sabana Real Estate Investment Management (SREIM), the manager of Sabana REIT.
May 09, 2017
Emergence of Sabana REIT’s new substantial shareholder signals potential consolidation
SINGAPORE (March 6): CIMB views e-Shang Redwood (ESR)’s recent emergence as a substantial unitholder of Sabana Shari’ah Compliant Real Estate Investment Trust (Sabana REIT) as a “precursor to the potential consolidation of small- to mid-cap industri
March 06, 2017