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Sabana REIT EGM Faces Legal Challenge
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Sabana REIT EGM Faces Legal Challenge

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

Sabana Industrial Real Estate Investment Trust faces litigation which seeks to postpone an upcoming Extraordinary General Meeting (EGM) scheduled for 24 May 2024. The ESR Group has filed an application with the Singapore High Court to hold the EGM in abeyance pending the resolution of a current court case. Updates on the situation are forthcoming as the legal proceedings evolve.

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

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