Sabana REIT unitholders approach Singapore regulators in battle to stop ESR REIT takeover

Sabana Shariah Compliant Trust’s major shareholders, Quarz Capital and Black Crane Capital, along with over 50 other unitholders, have taken their protest of ESR REIT’s merger bid to Singapore’s regulators. They have asked the Monetary Authority of Singapore (MAS) and the Singapore Exchange’s regulatory arm, SGX RegCo, to intervene.