Sabana REIT Awaits Unitholders’ Decision on EGM
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Sabana REIT Awaits Unitholders’ Decision on EGM

Sabana Shari’ah Compliant Industrial REIT (SG:M1GU) has released an update.

Sabana Industrial REIT, managed by Sabana Real Estate Investment Management Pte. Ltd., has reported ongoing communication with unitholders who have requested an extraordinary general meeting (EGM). Despite requests from the management to clarify their positions, the unitholders have yet to confirm whether they will withdraw their requisition notice or proceed with their demands for the EGM. The management is seeking a definitive response by 19 June 2024, to adhere to statutory timelines.

For further insights into SG:M1GU stock, check out TipRanks’ Stock Analysis page.

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