Continue reading this on our app for a better experience

Open in App
Floating Button
The Edge Singapore
Home Capital REITs
PremiumPREMIUM
REITs

ESR Cayman raises stake in Sabana REIT through DRP

The Edge Singapore
The Edge Singapore  • 1 min read
ESR Cayman raises stake in Sabana REIT through DRP
Sabana REIT's major unitholder, ESR Cayman, raised its stake by applying the distribution reinvestment plan to its DPU
Font Resizer
Share to Whatsapp
Share to Facebook
Share to LinkedIn
Scroll to top
Follow us on Facebook and join our Telegram channel for the latest updates.

ESR Cayman’s stake in Sabana Shariah Compliant Industrial REIT rose from 19.73% to 20.03% following its adoption of of Sabana REIT’s distribution reinvestment plan for its DPU, taking units instead of cash. On Oct 6, Sabana REIT announced in a filing that Quarz Capital Asia bought 140,000 units for $59,500 taking its deemed stake to 11.01%.

TAGS
Sabana REIT
ESR Cayman
Quarz Capital Asia
DRP

Highlights

Re test Testing QA Spotlight
1000th issue

Re test Testing QA Spotlight

January 01, 1970
Trending Now

Related News

Internalisation comes at a cost and Sabana REIT is fully valued, DBS says
As Sabana REIT's 2HFY2023 DPU tumbles, Trustee warns of more costs
Sabana REIT’s trustee announces application for Order 32 to clarify issues around trust deed amendment
Get the latest news updates in your mailbox
Never miss out on important financial news and get daily updates today
×
The Edge Singapore
Download The Edge Singapore App
Google playApple store play
Keep updated
Follow our social media
Subscribe to The Edge Singapore
Get credible investing ideas from our in-depth stock analysis, interviews with key executives, corporate movements coverage and their impact on the market.
Topics
Broker's CallsResultsCompany in the news
Insider movesObituaryAll flash categories
Products & Services
NewsNewsletterVideosOptions
Edge InvestAdvertisingT&CsSitemap
About Us
Our CompanyContact UsEditorial TeamJoin Us
Advertise with usFAQsPrivacy PolicyMalaysiaEvents
© 2024 The Edge Publishing Pte Ltd. All rights reserved.