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Sabana Reit sheds new light on ID's dealings with ESR group

Queries raised on Ng Shin Ein's independence; but no credible evidence found showing concert party action

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Published Thu, Nov 26, 2020 · 09:50 PM
Manager manoeuvre

Singapore

SABANA Reit offered new information last Sunday about its independent director Ng Shin Ein's dealings with ESR group in 2018 and 2019.

These have been a sticking point for activist funds Quarz Capital and Black Crane, which are opposed to a merger between Sabana and ESR-Reit.

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