The Securities Investors Association (Singapore) (SIAS) has advised that it would like to organise dialogue sessions with unitholders prior to the EGMs and Scheme Meeting. The dialogue sessions will be conducted via live webcast, and will allow both retail and institutional unitholders to pose questions and seek clarification on the Merger, and will take place after the issue of the ESR-REIT circular and Sabana REIT scheme document. Unitholders of both REITs will receive an invitation to the respective dialogue sessions once the dialogue sessions have been confirmed.
If unitholders of both REITs vote in favour of all the resolutions, the expected effective date of the scheme will be Dec 31, after which Sabana REIT unitholders will receive ESR-REIT’s consideration units on Jan 5, 2021. Trading starts on Jan 6, 2021, and Sabana REIT will be delisted on Jan 8 2021.
