Donald Han, CEO of Sabana Industrial REIT. (Sabana Industrial REIT)Donald Han, CEO of Sabana Industrial REIT. (Sabana Industrial REIT)

Sabana Industrial REIT (Sabana REIT) has come forward to explain why it is seeking a mandate to issue new units and establish a re-investment programme.

The explanations were made during a dialogue session held by the Securities Investors Association of Singapore on 15 April.

A significant part of the dialogue focused on Sabana REIT’s upcoming annual general meeting (AGM) on 26 April, where three contentious resolutions will be tabled.

Related: Quarz Capital turns up rhetoric against Sabana REIT as AGM looms

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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.