Sabana REIT Prepares for EGM Amid Unitholder Proposals

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

Sabana Industrial REIT has been engaging with a group of unitholders, collectively owning more than 10% of the REIT, who have been actively proposing resolutions for consideration at an extraordinary general meeting (EGM). These unitholders, known as the Requisitionists, have recently amended their initial proposals, prompting Sabana Industrial REIT’s management to seek further input from their trustee. The company has now announced its intention to convene the EGM to discuss these Amended Proposed Resolutions.

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