BT Mark to Market: Sabana Reit in uncharted territory (Ep 34)

    • Why has Quarz decided to push Sabana Reit down this path despite all the risks?
    • Why has Quarz decided to push Sabana Reit down this path despite all the risks? PHOTO: SABANA REIT
    Published Mon, Aug 14, 2023 · 05:00 AM

    Sabana Reit is embarking on an unprecedented internalisation of its management function after activist investor Quarz Capital pushed through two resolutions at a recent extraordinary general meeting. Will the whole process go smoothly? Should investors jump in, or run for cover? Senior correspondent Ben Paul explains.

    Synopsis: Listen to senior correspondent Ben Paul’s analysis and insight on market trends and corporate issues in Singapore in this podcast series based on his weekly column in The Business Times.

    Highlights of the podcast:

    01:24 Seizing power from Sabana Reit’s sponsor

    03:07 Internalisation debate fierce and partisan

    08:42 Waning investor faith in independence

    BT in your inbox

    Start and end each day with the latest news stories and analyses delivered straight to your inbox.

    12:48 Lender’s “review event” a poison pill?

    14:03 Much now depends on stakeholders’ behaviour

    Written and hosted by: Ben Paul (benpaul@sph.com.sg)

    Edited by: Claressa Monteiro 

    Produced and edited by: Janice Tan

    Recording engineer: Joann Chai Pei Chieh

    Produced by: BT Podcasts, The Business Times, SPH Media

    Follow BT Mark To Market podcasts and rate us at:

    Channel: bt.sg/btmark2mkt

    Apple Podcasts: bt.sg/4DJp

    Spotify: bt.sg/4DJN

    Google Podcasts: bt.sg/4D2E

    Website: bt.sg/mark2mkt

    Feedback to: btpodcasts@sph.com.sg

    Do note: This podcast is meant to provide general information only. SPH Media accepts no liability for loss arising from any reliance on the podcast or use of third party’s products and services. Please consult professional advisors for independent advice.

    ---

    Discover more BT podcast series:

    BT Money Hacks: bt.sg/btmoneyhacks

    WealthBT: bt.sg/btwealthbt

    PropertyBT: bt.sg/btpropertybt

    BT Podcasts: bt.sg/pcOM

    BT Market Focus: bt.sg/btmktfocus

    BT Branded Podcasts: bt.sg/brpod

    BT Lens On: bt.sg/btlenson

    Copyright SPH Media. All rights reserved.