Sabana Shari’ah Compliant Industrial REIT (SG:M1GU) has released an update.
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Sabana Industrial REIT, managed by Sabana Real Estate Investment Management, has been engaged in ongoing communications with a group of unitholders, collectively holding over 10% of the REIT, who have requested an extraordinary general meeting (EGM) to discuss proposed resolutions. Following a series of exchanges and amendments to the proposed resolutions, the Manager has announced its intention to convene the EGM to consider these revised proposals.
For further insights into SG:M1GU stock, check out TipRanks’ Stock Analysis page.