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Sector: Industrials, Industry: Air Freight & Logistics
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Sabana shareholders urges for MAS' support against Sabana-ESR merger

18 Aug 2020 - Singapore Business Review
Shareholders argued that the two REITs’ investment mandate will overlap. Quarz Capital Management, Black Crane Capital and over 50 of Sabana REIT’s unitholders have issued an open letter to the Monetary Authority of Singapore (MAS) to stop the merger of Sabana REIT with ESR REIT. In the letter, the concerned ...
sgx:s68 sgx:bip sgx:j91u sgx:m1gu

Quarz and Black Crane to reject Sabana and ESR merger

10 Aug 2020 - Singapore Business Review
They questioned whether the merge was really in the best interest of shareholders. Fund managers Quarz Capital Management and Black Crane Capital have issued an open letter to the management and board of Sabana REIT, announcing intentions to vote against the proposed merger of Sabana REIT and ESR REIT. ...
sgx:bip sgx:j91u sgx:m1gu lse:gfa

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