Sabana REIT has called for an extraordinary general meeting (EGM) to remove its manager “as soon as practicable” after the resolution is passed.
The meeting will be held at Hope@New Tech Park at 10am on Aug 7.
The REIT has also proposed that its trustee, HSBC Institutional Trust Services, be directed to effect the internalisation of the REIT manager.
As at 9.30am, units in Sabana REIT are trading 0.5 cents higher or 1.18% up at 43 cents.
