This brings Quarz’s total stake into Sabana REIT to 52.7 million units, or 5%. Any shareholder who has crossed the 5% stake threshold has to disclose its interest on SGX.
Activist investor Quarz Capital Management has emerged as a new substantial shareholder at Sabana Shari’ah Compliant Industrial REIT (Sabana REIT).
According to a July 30 filing, Quarz bought 5,700 shares at a total cost of $2,166 via market transaction.
