Quarz Capital

Quarz has made a fundamental and sudden “U-turn”, says ESR.

The interests of Sabana REIT's unitholders and Quarz Capital diverge as REIT manager plans DPU enhancing growth

Sabana REIT's investors approve of general mandate and DRP, which is for long term investors who wish to receive units.

The Board of Sabana REIT's manager has asked Quarz Capital and Black Crane for details of their plans to internalise the manager

As two activist fund managers pledge to vote against Sabana REIT's merger, unitholders cast their minds back to 2017.

Sunningdale Tech said in a filing on Sept 8 that Quarz Capital Asia’s stake in Sunningdale crossed 5%. “Quarz has been a long term shareholder of Sunningdale Tech. The COVID-19 situation provided a great opportunity to increase our stake in this high

While industrial REITs have fared better this year than other sectors in price performance and also in their DPU performances, ESR-REIT and Sabana Shariah Compliant Industrial REIT are trading below their NAV per unit.

On Aug 6, ESR-REIT’s manager announced that it does not intend to increase the scheme consideration for Sabana Shariah Compliant Industrial REIT, announced on July 16. Sabana REIT’s unitholders are being offered 0.94x the price of ESR-REIT. Last month

SINGAPORE (Mar 7): Sunningdale Tech says that the group’s latest manufacturing sites in Chuzhou and Penang are part of its long-term strategy to build a sustainable and profitable business model.

SINGAPORE (Mar 8): CIMB is reiterating its “hold” call on tech group CSE Global with an unchanged target price of 39 cents, which is based on 12 times FY19 earnings.