Artist's impression of New Tech Park. (Sabana REIT)Artist's impression of New Tech Park. (Sabana REIT)

Sabana REIT has once again been issued with a requisition notice from its unitholders, who are now calling for an extraordinary general meeting (EGM) to be convened.

This time, the EGM will be held as a platform to endorse the appointment of hedge fund founder, Chan Wai Kheong, as independent non-executive director of the REIT’s board.

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By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.