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SABANA REIT

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mrwise
    18-Mar-2017 22:33  
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Should be above $0.6!

mrwise      ( Date: 18-Mar-2017 22:31) Posted:

Waiting for ride up above $0.06

 
 
mrwise
    18-Mar-2017 22:31  
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Waiting for ride up above $0.06
 
 
laksaman57
    18-Mar-2017 19:48  
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W32012
    17-Mar-2017 01:40  
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Remove the manager without another manager to take over is no different from selling assets of the Reits. Given current surplus supply of industrial properties, selling now is only going to destroy unitholder's value.
 
 
mrwise
    16-Mar-2017 23:34  
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Remove the manager or sell it away at a better price!

 
 
laksaman57
    16-Mar-2017 23:08  
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W32012
    16-Mar-2017 18:51  
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Only an asset sales from a hostile takeover (by ESR or Tong Jinquan) is good news. Other outcome will only destroy unitholder' s value, the difference is only in the rate of destruction. 
 
 
laksaman57
    16-Mar-2017 14:12  
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kicking out the mgr is good news.
Sell all asset is good news.
Take over, lagi good news.
Patience for it to cross 50¢
 
 
HB8289
    16-Mar-2017 13:29  
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Small step ahead
 
 
HB8289
    16-Mar-2017 10:55  
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Any insider news   SABANA SHARI' AH COMPLIANT REIT result for Q2 should release vey soon 
 

 
laksaman57
    09-Mar-2017 12:12  
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Triple agree !!!

investor7      ( Date: 09-Mar-2017 11:27) Posted:



agree!

HB8289      ( Date: 07-Mar-2017 08:57) Posted:



I think those management   that resign recently also need to be in the  RESPONSE TO SGX QUERY as there are crucial imformation that be in doubt or certain non compliance or illegality that need to be answer . So no one is scot free that related to Shareholder/stakeholder hard earn money


 
 
laksaman57
    09-Mar-2017 12:10  
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As long as the cash from the right issuance has not been used to buy over valued properties, the NAV per unit remain high and worthy of buyout.
 
 
investor7
    09-Mar-2017 11:27  
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agree!

HB8289      ( Date: 07-Mar-2017 08:57) Posted:



I think those management   that resign recently also need to be in the  RESPONSE TO SGX QUERY as there are crucial imformation that be in doubt or certain non compliance or illegality that need to be answer . So no one is scot free that related to Shareholder/stakeholder hard earn money

huafaster      ( Date: 07-Mar-2017 07:48) Posted:

http://infopub.sgx.com/FileOpen/Sabana_SGX_queries_6March2017.ashx?App=Announcement&FileID=442383

A anancement @sgx website!


 
 
laksaman57
    09-Mar-2017 11:05  
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Hope all the queries help block the mgr from unilaterally buy property. 👍
 
 
laksaman57
    09-Mar-2017 10:51  
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SGX must exercise due diligence to weed out all wrong doer inorder to bring back, investor and lister confidence, to sgp stock exchange. The world is watching 👀
 

 
laksaman57
    07-Mar-2017 12:45  
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If EGM only table (1) sell all unit/asset or (2) sell mgr, then its back to square one which is the present mgr handle the sale, and from their track record, may not bring best value to shareholder.
 
 
laksaman57
    07-Mar-2017 09:35  
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EGM may only table the two actions under review and leave out the 'vote-out-mgr' request. Morgan aren't tasked to studied the option to vote-out- mgr then replace with other mgr
 
 
HB8289
    07-Mar-2017 09:24  
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SGX queries Sabana on attendees for EGM and aim of strategic review

  Source:  TheEdge Markets     |     Publish date:  Tue, 7 Mar 2017, 07:10 AM     |       > > Read article in News website 


SINGAPORE (March 7): The manager of Sabana REIT has confirmed that the strategic review will seek to address the concerns and act in the interests of unitholders.

See alsoSabana REIT manager appoints Morgan Stanley as financial adviser in strategic review

The manager also confirmed the attendance of that the valuers for the recently announced acquisitions will attend the EGM requisitioned by unitholders to address questions pertaining to the valuations.

See alsoSabana REIT unitholders requisition EGM to replace manager or wind up

However, Morgan Stanley, appointed adviser for the strategic review exercise and is assisting the Strategic Review Committee, will not be present at the EGM as it is not advising the board on EGM-related matters or the previously announced acquisitions and the rights issue.

See alsoSabana REIT manager appoints Morgan Stanley as financial adviser in strategic review

Ng Shin Ein, the non-executive director who recently resigned amid the revolt by unitholders, will not be present too.

See alsoSabana REIT manager' s non-executive director Ng Shin Ein resigns

The confirmations were made in response to the a new set of queries sent by the Singapore Exchange to the manager on March 3 following the ones made on Feb 15 and Feb 27 and 28.

As announced on March 1, the review committee and Morgan Stanley will explore a potential sale of all units or assets of Sabana REIT and a sale of the manager.

In addition, it will discuss the sourcing of potential strategic partners who can enhance Sabana REIT' s performance.

This includes the ability of the potential partner to contribute pipeline of quality assets to the REIT improve its borrowing ability and enhance the capability of the management team.

Shares of Sabana closed 4 cents higher at 48 cents on Monday before the announcement was made.
 
 
HB8289
    07-Mar-2017 09:22  
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Ascott REIT, SGX, Sabana REIT, China Everbright, Lian Beng, Vard

  Source:  TheEdge Markets     |     Publish date:  Tue, 7 Mar 2017, 08:55 AM     |       > > Read article in News website 


SINGAPORE (March 7): Here are some stocks that could move the market this Tuesday morning.
 
 
HB8289
    07-Mar-2017 08:57  
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I think those management   that resign recently also need to be in the  RESPONSE TO SGX QUERY as there are crucial imformation that be in doubt or certain non compliance or illegality that need to be answer . So no one is scot free that related to Shareholder/stakeholder hard earn money

huafaster      ( Date: 07-Mar-2017 07:48) Posted:

http://infopub.sgx.com/FileOpen/Sabana_SGX_queries_6March2017.ashx?App=Announcement&FileID=442383

A anancement @sgx website!

 
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