Call for Sabana Reit top management, IDs to quit if ESR deal falls through

Singapore

FUND managers Quarz Capital Management and Black Crane Capital in a letter on Monday called for the senior management and independent directors of Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana Reit) to resign if a proposed merger with ESR-Reit falls through.

This is so that they can be repla…

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