Sabana Shari'ah REIT

[level13]

http://www.theedgemarkets.com.sg/article...h-property

I actually agree with the logic but Activist is nonetheless gutsy

I agree with the logic too. The dispute is turning uglier. It might turn out to be a loss-loss game.

Mr. Jerry Low is setting a good example for the minorities to fight for own right and interest , he has the respect of many who don't even own a share in SABANA also !
If buying into some sabana shares can help him to succeed in kicking out the manager , I will definitely do so  !

Well, I admire Mr. Low's EGM initiative. A good example for OPMIs indeed. The saga can be settled via biz term, rather than a dogfight, at least not now before the EGM, IMHO. The new move blurred the "agenda".

(an outsider opinion)

This runs parallel to what the credit rating agencies (firms which rate debt instruments) did prior to the American subprime mortgage crisis in 2008.
I am not suggesting any wrongdoing by the real estate valuation companies. But we all know who is paying for their services at the end of the day.