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ESR-Reit will not raise offer price for Sabana in proposed merger

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Published Thu, Aug 6, 2020 · 09:50 PM

Singapore

ESR-REIT does not intend to increase the scheme consideration for its proposed merger with Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana Reit), its manager said in a bourse filing on Thursday.

Accordingly, the exchange ratio of 0.940 ESR-Reit units to one Sabana Reit unit is final, it added.

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ESR-ReitSabana ReitQuarz Capital

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