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Proposed merger between ESR-Reit and Sabana Reit falls through

Sabana.jpg
Sabana Reit's virtual EGM on Friday. A third of the votes cast by the Reit's unitholders were against amendments to be made to the Sabana trust deed to allow for the scheme to even take place.

THE proposed merger between ESR-Reit and Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana Reit) has fallen through.

Exactly a third of the votes cast by Sabana Reit unitholders were against amendments to be made to the Sabana trust deed to allow for the scheme to...

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