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Sabana REIT Opens Price Discovery Process to ESR Group

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Sabana REIT Opens Price Discovery Process to ESR Group

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

Sabana Shari’ah Compliant Industrial REIT announced that ESR Group Limited and its associates are allowed to participate in the price discovery process for the potential sale of properties held by Sabana REIT. The REIT Manager has established procedures to ensure compliance with relevant laws and regulations, including those related to interested person transactions, which could impact the company’s operations and stakeholder interests.

More about Sabana Shari’ah Compliant Industrial REIT

Sabana Shari’ah Compliant Industrial REIT operates within the real estate investment trust industry, focusing on industrial properties. The company primarily manages a portfolio of industrial real estate assets, adhering to Shari’ah compliance, and is based in Singapore.

YTD Price Performance: 8.57%

Average Trading Volume: 4,879

Technical Sentiment Signal: Buy

Current Market Cap: $291.2M

For an in-depth examination of M1GU stock, go to TipRanks’ Stock Analysis page.

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