Welcome!
Quarz Capital Asia
REITs
Major unitholder buys Sabana REIT units at discount taking stake towards 20%
Quarz divested 22.5 million Sabana REIT units; Volare acquired 22.5 million Sabana REIT units at 34.5 cents in an off-market transaction on Nov 8.
18 days ago
REITs
More costs likely as Sabana's manager agrees to Quarz's EGM, observers say
Sabana REIT likely to incur further costs for third EGM requisitioned by Quarz as price hits post-Covid low
July 01, 2024
REITs
Quarz-led committee requisitions for third EGM in eight months
Quarz-led committee fails to agree on terms of reference including trading curbs based on SFA and asks for 3rd EGM
March 26, 2024
REITs
Sabana REIT's manager to hold EGM requisitioned by Quarz on Mar 8
Another EGM for Sabana REIT unitholders to vote on resolutions that contradict those passed on Aug 7, 2023
February 23, 2024
REIT Watch
Sabana REIT’s unitholders vote to remove manager (update)
The EGM concludes two months of open letters fired from opposing sides.
August 07, 2023
REITs
ESR Group files injunction to restrain Sabana REIT's manager from holding EGM
ESR Group files injunction to restrain Sabana REIT's manager from holding EGM
July 09, 2023
REITs
Quarz's latest statements an attempt to drum up votes for internalisation on false premises: ESR
Quarz has made a fundamental and sudden “U-turn”, says ESR.
June 30, 2023
REITs
Internalisation of property management costs may be counter-productive for Sabana REIT, says DBS
Shareholder Quarz Capital had requested that the REIT hold an EGM to remove the REIT’s manager.
June 08, 2023
REITs
ESR Cayman raises stake in Sabana REIT through DRP
Sabana REIT's major unitholder, ESR Cayman, raised its stake by applying the distribution reinvestment plan to its DPU
October 12, 2021