09-05-2017, 09:55 PM
(This post was last modified: 09-05-2017, 09:59 PM by CY09.
Edit Reason: edits
)
http://infopub.sgx.com/FileOpen/20170509...eID=452803
Hi weijian,
Think you posted another link. Right one is attached above.
Unfortunately, it is not a very useful move as the sponsor is still in place. What is more impt imo is to prevent sponsor using the the option to offload ppty at lofty valuations to REITS and its unit holders. If this culture is not eradicated on the SGX scene, the exploitation will still continue.
Hi weijian,
Think you posted another link. Right one is attached above.
Unfortunately, it is not a very useful move as the sponsor is still in place. What is more impt imo is to prevent sponsor using the the option to offload ppty at lofty valuations to REITS and its unit holders. If this culture is not eradicated on the SGX scene, the exploitation will still continue.