Prior to the interim injunction, Sabana REIT’s manager had been in the final stages of preparing the notice of EGM and the circular to its unitholders. As the interim injunction is now no longer in effect, the manager says it intends to continue with its preparation. The notice of EGM and circular will be issued “in due course”.
ESR Group’s application for an interim injunction to restrain Sabana Industrial REIT’s manager from holding an extraordinary general meeting (EGM) has been dismissed by the High Court on July 11.
A case conference for the originating application has been fixed on July 13 at 10am to schedule a hearing date.
