Sabana REIT not negligible in duties: trustee

Uploaded By:  Paul Howell Submitted By:  Paul Howell Case Study:  No HSBC Institutional Trust Services rejects claim in a statement. HSBC Institutional Trust Services (Singapore), trustee of Sabana REIT, claims that nothing suggests that the Sabana manager has breached or failed to comply with relevant trust deed provisions of the Sabana REIT and ESR-REIT proposed merger. The statement was warranted by letters dated 3 September and 29 September from Quarz Capital Management and Black Crane Capital. read more