Corporate digest

Sabana Reit

THE board of the manager of Sabana Shari'ah Compliant Industrial Real Estate Investment Trust on Wednesday said it is considering the requisition notice from Quarz Capital and Black Crane Capital and seeking legal advice, adding that it will make further announcements on SGXNet in due course.

This was in response to a letter that it had received on Tuesday, in which the two fund managers requested that the board of directors convene an extraordinary general meeting; it had also proposed five resolutions for unitholders to vote on.