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Revisions

Sabana REIT is up 24% YTD, could it rally further?

In print this week

Sabana REIT is up 24% YTD, could it rally further?

Goola Warden Published on Fri, Feb 10, 2017 / 1:03 PM GMT+8

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SINGAPORE (Feb 10): The rising stock of a company is a good thing for its management, signalling better earnings and bonuses.

But in the case of Sabana REIT, a rising unit price could very well mean putting its current manager out of a job.

On Feb 6, 66 dissident minority unitholders holding a 0.6% stake in the REIT filed a requisition for an EGM.

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