Sabana Growth Internalization Committee (SGIC)
MISSION STATEMENT
SGIC is committed to ensure that the internalization and setup of the new Internal Manager is executed efficiently and effectively (target by next AGM).
ROLES & RESPONSIBILITIES
To engage with the various stakeholders, including but not limited to, the Trustee, MAS, Sabana External Manager, banks, etc on internalization matters.
To facilitate discussions between minority unitholders and key stakeholders above.
To provide guidance to the Trustee on the implementation plan on behalf of all unitholders who support the internalization.
To ensure that the new Internal Manager is fully independent and acts in the best interest of all unitholders.
To provide and propose alternative solutions that will work in the best interest of all unitholders.
WHO CAN JOIN?
All Sabana unitholders who want to support the internalization process.
DISCLAIMER: Members will decide how they want to vote INDEPENDENTLY. (Committee membership does not constitute being a voting group or a concert party). Involvement is on a voluntary basis to safeguard your investment and work to increase the DPU and unit price of Sabana REIT.
3 Kinds of Membership (based on level of involvement)
1
ACTIVELY INVOLVED
in the engagement with Trustee, Manager, Advisors, Regulator etc and attend committee meetings regularly. Interested to contribute as active/executive committee member
2
PARTIALLY INVOLVED
in the engagement with Trustee, Manager, Advisors, Regulator etc. and attend committee meetings from time to time when they have the time
3
PASSIVE MEMBERS
who want to be updated regularly on SGIC activities and attend main events but dont have the time to contribute actively currently