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Sabana, ESR directors recommend voting for proposed merger of the 2 Reits

Reit managers announce that their respective independent financial advisers have advised them to recommend unitholders to vote in favour of the merger

Singapore

THE independent directors of Sabana Shari'ah Compliant Industrial Real Estate Investment Trust (Sabana Reit) and recommending directors of ESR-Reit are recommending unitholders to vote for the proposed merger of the two, at the current terms of 0.94 ESR-Reit unit for one Sabana...

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