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Sabana REIT Wins Court Case for Outstanding Rent
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Sabana REIT Wins Court Case for Outstanding Rent

Sabana Shari’ah Compliant Industrial REIT (SG:M1GU) has released an update.

Sabana Industrial Real Estate Investment Trust has succeeded in its legal claim against Kleio One-Solution Pte. Ltd., obtaining a court order for the payment of outstanding rent and other dues. The defendant’s counterclaim was dismissed, marking a conclusive win for Sabana Industrial REIT. The company will continue to update its unitholders on any significant developments regarding this matter in accordance with the Singapore Exchange Securities Trading Limited rules.

For further insights into SG:M1GU stock, check out TipRanks’ Stock Analysis page.

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