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Sabana Industrial REIT Receives New Requisition Notice from Unitholders

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

Sabana Industrial REIT has received a new requisition notice from its unitholders, who hold a significant stake in the trust, to either include certain resolutions in the upcoming Annual General Meeting or convene an extraordinary general meeting. This new notice replaces a previous one, reflecting the unitholders’ preference to streamline processes and potentially reduce costs, indicating a strategic shift in managing stakeholder engagements and operational efficiencies.

More about Sabana Shari’ah Compliant Industrial REIT

Sabana Industrial Real Estate Investment Trust is a real estate investment trust established in Singapore, focusing on industrial properties. The trust is managed by Sabana Real Estate Investment Management Pte. Ltd., and it primarily serves unitholders interested in industrial real estate investments.

YTD Price Performance: 8.57%

Average Trading Volume: 875

Technical Sentiment Consensus Rating: Buy

Current Market Cap: $302.7M

See more data about M1GU stock on TipRanks’ Stock Analysis page.

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