http://www.theedgemarkets.com.sg/article/manager-sabana-reit-says-mulling-potential-asset-sale-and-strategic-partnership-part-review
The manager of Sabana REIT has revealed it is evaluating a potential sale of all units or assets of the REIT or the potential sale of the manager as part of its strategic review exercise conducted through Morgan Stanley Asia (Singapore).
Shareholders want ALL not performing directors OUT ... Resign or get booted
nice! To enhance shareholders value finally
W32012 ( Date: 27-Feb-2017 21:27) Posted:
|
Based on the announcement, I believe MS involvement is to assess offers to privatise the Reits asset.  
Let morgan stanley be substantial shareholder and then run the show
The manager is suppose to be the expert and now want to hire MSA to advise them?
If they are that useless, then they should be kicked out rather than waste more money.
Hires MS to justify their actions.
laksaman57 ( Date: 27-Feb-2017 20:12) Posted:
|
Hiring Morgan mean more money wasted.
BUYERS COMING IN FAST !
LOAD UP NOW !!!
YES ! AT least those jokers are waking up and getting serious
wtf...manager dont know..
so need to hire morgan...
throw them out...now then seek help..after the plunder..( pun intented)..now need morgan to tell share holders they are correct to buy expensive properties
IT ' s   TIME FOR A CHANGE
THE FUTURE IS PROMISING FOR A ONCE $1.30 STOCK
THE manager of Sabana Shari' ah Compliant Industrial Real Estate Investment Trust (Sabana Reit) said on Friday that it has appointed Morgan Stanley Asia (Singapore) as its financial adviser for a strategic review.
The Reit manager is undertaking the strategic review to enhance unitholder value, after its unitholders - complaining of falling distribution per unit, overpriced acquisitions backed by sale and leaseback arrangements, and handsome fee payouts to the Reit manager - sought to throw it out.