In the said open letter, Quarz demanded Sabana REIT’s manager to table its resolutions as set out in its requisition notice, instead of the ones suggested in ESR's open letter on June 25.
The latest statements published by Quarz Capital on June 28 demonstrate its attempts to drum up votes on false premises, says ESR Group in a filing on June 30. ESR Group owns Sabana Industrial REIT's (SGX:M1GU
) manager and is the largest single unitholder of the REIT.
To date, Quarz has not identified a single instance of actual conflict of interests despite making various attempts to leverage off its allegations, ESR says.
