According to Bloomberg, Sabana REIT's largest unitholders are ESR Group with a 19% stake, Quarz Capital with an 11% stake, Volare Group at 4.96%, UBS with a 4.8% stake and BlackRock at 4.78%.
The Jan 20 announcement says the Volare Group is a company incorporated in Switzerland on October 7, 1975. It has several lines of business. A subsidiary Oel-Pool AG is one of Switzerland’s leading suppliers of fossil fuels. Oel-Pool AG and its subsidiary Moveri AG operate over 700 petrol stations under various brands.
Another of the Offeror’s subsidiaries, Soft Car Wash AG and its subsidiaries, provide vehicle care, both with self-service jet machines and car washes.
Further business lines include wood production and trade, furniture manufacturing, trading with bituminous material, construction services, road repair services, as well as investments in real estate and real estate companies.
Volare Group's board of directors comprise of: (i) Daniel Sieber (Director and President of the Board of Directors), (ii) Duttwiler Konrad (Director), (iii) Ramon Werner (Director), and (iv) El Kamel, Nora (Director).
See also: ICP Limited’s controlling shareholder seeks to delist company; makes offer of 0.9 cents per share
Units in Sabana REIT closed 0.5 cent higher or 1.19% up at 42.5 cents on Jan 20, and it will announce FY2022 results on Jan 26.
