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Revisions

Sabana REIT says new CEO identified; awaiting nod from MAS

Management & Corporate Governance

Sabana REIT says new CEO identified; awaiting nod from MAS

PC Lee Published on Mon, Jan 15, 2018 / 11:00 PM GMT+8

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SINGAPORE (Jan 15): The manager of Sabana Shari'ah Compliant Industrial REIT (Sabana REIT) says it has identified a candidate to be appointed as CEO and has submitted an application to the MAS for approval.

The announcement was made after the Singapore Exchange last Friday queried Sabana REIT's manager on its progress in appointing a new CEO as well as setting up an audit committee comprising of at least three members.

See: Sabana REIT manager CEO Xayaraj steps down; acquisition of 47 Changi South Ave 2 aborted