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Edgewise: Is Sabana REIT's strategic review a waste of time?

Feb 27, 2017 - The Edge Singapore

The manager of Sabana Shari'ah Compliant Industrial Real Estate Investment Trust said little in its response to queries from the Singapore Exchange this past week that is likely to convince disgruntled unitholders that the strategic review it has planned will achieve anything worthwhile. In fact, the whole exercise might soon come to be viewed as an expensive waste of time.

On Feb 2, the manager of Sabana REIT and its sponsor Vibrant Group announced that they were undertaking a strategic r

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