Homepage
PR Newswire
Most of these questions are about cost, which I think is missing the big picture. I guess it hurts for REIT owners to retain capital and not to distribute out as dividends?
IMHO, when facing "an opponent", one has put on their shoes and think like them. If one insists on own stance without considering the other party's position/thoughts, then most of the actions may actually come to naught.
QUESTIONS / COMMENTS RAISED AT THE EXTRAORDINARY GENERAL MEETING HELD ON 8 MARCH 2024
Question: Unitholder No. 8 inquired the rationale as to why the Trustee is not excluding the votes of interested parties at the EGM to propose amendments to the Trust Deed. He expressed his concern that this key issue is not being addressed.
Answer: The Trustee explained that it notes Unitholders’ differing views on this issue, but the issues should be considered sequentially. Since the Trustee’s position is that amendments to the Trust Deed are required, it intended to obtain clarity on that issue first via the Order 32 process before moving on to the question of voting.
https://links.sgx.com/FileOpen/Sabana%20...eID=795005
IMHO, when facing "an opponent", one has put on their shoes and think like them. If one insists on own stance without considering the other party's position/thoughts, then most of the actions may actually come to naught.
QUESTIONS / COMMENTS RAISED AT THE EXTRAORDINARY GENERAL MEETING HELD ON 8 MARCH 2024
Question: Unitholder No. 8 inquired the rationale as to why the Trustee is not excluding the votes of interested parties at the EGM to propose amendments to the Trust Deed. He expressed his concern that this key issue is not being addressed.
Answer: The Trustee explained that it notes Unitholders’ differing views on this issue, but the issues should be considered sequentially. Since the Trustee’s position is that amendments to the Trust Deed are required, it intended to obtain clarity on that issue first via the Order 32 process before moving on to the question of voting.
https://links.sgx.com/FileOpen/Sabana%20...eID=795005
I am not a certified financial advisor and so nothing of what I say should be construed as financial advice. Please consult a certified financial advisor for advice instead.