Sabana Shari’ah Compliant Industrial REIT (SG:M1GU) has released an update.
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Sabana Industrial REIT has received a new correspondence from a group of unitholders, collectively holding over 10% stake, proposing amendments to resolutions for an upcoming extraordinary general meeting. The REIT’s manager is currently reviewing these amendments and will be discussing further actions with its trustee, who has been instructed by unitholders to commence an internalisation process.
For further insights into SG:M1GU stock, check out TipRanks’ Stock Analysis page.