29-01-2017, 02:18 AM
If the manager is voted out, it will not be chaotic because the manager has to serve out the remaining contract signed with the Trustees. At all times, there must be a Manager in charge and this is the law. When the manager contract is finished, then a new manager (internal or external) can come in . There will never be a time when there is no manager and MAS put that in the law. MAS and HSBC Trustee oversee this whole transition process.
A group of widely dispersed minority shareholders will never get to run the REIT or oversee the transition process. Logic will tell you that MAS will not let a group of unlicensed motley crew take over the REITs owned by more than 12,600 people. Follow the law. Follow the due process. Have faith in the system, the same system that allow us to remove the manager if we are not happy with their performance. http://sabanareit.blogspot.sg/
NOT VOTING IS A VOTE TO KEEP THE MANAGER!!!
A group of widely dispersed minority shareholders will never get to run the REIT or oversee the transition process. Logic will tell you that MAS will not let a group of unlicensed motley crew take over the REITs owned by more than 12,600 people. Follow the law. Follow the due process. Have faith in the system, the same system that allow us to remove the manager if we are not happy with their performance. http://sabanareit.blogspot.sg/
NOT VOTING IS A VOTE TO KEEP THE MANAGER!!!