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Vibrant Group
Results
Vibrant Group 3Q earnings fall 85% to $1.3 mil
SINGAPORE (March 14): Vibrant Group posted earnings of $1.3 million for the third quarter ended Jan 31, a decline of 85.2% from earnings of $8.7 million a year ago.
March 14, 2017
Vibrant Group acquires Jiangsu industrial land for $4.9 mil
SINGAPORE (March 10): Vibrant Group has acquired a 50-year leasehold industrial land at Changshu High Tech Industrial Park, in Jiangsu, China.
March 10, 2017
In print this week
All eyes on marketing of 47 Changi South Avenue 2
SINGAPORE (March 10): The four-storey industrial property at 47 Changi South Avenue 2 has so far been the main focus for Shari’ah Compliant Industrial Real Estate Investment Trust unitholders voicing their dissatisfaction with the REIT manager for under
March 10, 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
New substantial unitholder appears at Sabana REIT
SINGAPORE (March 3): A new substantial unitholder has emerged at Sabana Shari’ah Compliant Real Estate Investment Trust, which could shift the dynamics of a revolt that a group of small investors have waged against the manager of the REIT over the past
March 03, 2017
Sabana REIT dismisses relevance of unitholder’s claim, will convene EGM ‘as soon as practicable’
SINGAPORE (Feb 20): The manager of Sabana Shari’ah Compliant Industrial REIT (Sabana REIT) is disputing the claims of Jerry Low Chin Yee, a unitholder who, among other accusations, is challenging the objectivity and independence of valuation reports con
February 20, 2017
Disgruntled Sabana REIT unitholder lodges complaint with CAD over valuation of Changi South property
SINGAPORE (Feb 14): A disgruntled Sabana REIT unitholder has lodged a complaint to the white-collar crime department of the Singapore police against the property valuation houses of Colliers, Savills and Knight Frank.
February 14, 2017
GSH-led consortium to divest GSH Plaza for $725.2 mil
SINGAPORE (Feb 6): A consortium led by GSH Corporation is divesting its jointly-owned GSH Plaza to Hong Kong-listed developer Fullshare Holdings for $725.2 million.
February 06, 2017
Sabana REIT to undertake strategic review
SINGAPORE (Feb 3): The manager of Sabana REIT as well as the REIT’s sponsor, Vibrant Group, will be undertaking a strategic review of the REIT following its rights issue in Dec 2016.
February 03, 2017
Sabana REIT to acquire Changi South property at $23 mil from sponsor
SINGAPORE (Dec 16): The managers of Sabana Shari’ah Compliant Industrial REIT is proposing the acquisition of a light industrial building at 47 Changi South Avenue 2 for a consideration of $23 million.
December 16, 2016