logo01_quarz_capital_wb_rgb.jpg

  • Home

  • 2020

  • Letters

  • Press

  • Survey

  • More

    Use tab to navigate through the menu items.
    Screenshot 2021-04-06 at 15.13.43

    Sabana Reit's response to Quarz, Black Crane reflects box-ticking culture that pervades market

    		Screenshot 2021-04-06 at 15.16.02

    Sabana Reit directors quit after some refuse to endorse them

    		Screenshot 2021-04-06 at 15.17.16

    Activist Funds Succeed in Blocking Singapore REIT Merger

    Screenshot 2021-04-06 at 15.19.11

    Quarz, Black Crane ask Sabana Reit's manager to convene EGM

    		Screenshot 2021-04-06 at 15.20.58

    A Swiss Activist Stirs Up Trouble in Singapore

    		Screenshot 2021-04-06 at 15.22.31

    Sabana REIT investors draw battle lines for 2021 in anticipation of recovery

    RECENT PRESS COVERAGE

    Screenshot 2020-08-18 at 10.34.56.jpg
    MONEY FM RADIO INTERVIEW, AUG, 14, 2020
    Havard Chi, Head of Research, Quarz Capital Asia explains why the fund feels ESR REIT's offer to buy out Sabana REIT is too low despite being over 4 percent Sabana's last closing price before the announcement.

    • Quarz Capital and other Sabana REIT unitholders pen letter to MAS, SGX RegCo

    ​

    • Sabana unitholders ask sponsor to sell stake in manager, seeking regulatory guidance

    ​

    • Minority investor protest in ESR-Sabana Reit deal highlights need to focus on more than DPU

    ​

    • Sabana Reit clarifies proposed merger with ESR-Reit not an asset sale

    ​

    • Activist Fund Says Singapore’s Sabana, ESR-REIT Should Merge​ 

    ​

    • Activist fund calls for merger of Sabana Reit and ESR Reit

    ​

    • ESR-Reit and Sabana Reit propose merger

    ​

    • ESR-Reit's buyout offer for Sabana Reit unit holders 'too low', draws criticism

    ​

    • Quarz Capital emerges as new substantial shareholder at Sabana REIT

    ​

    ​​

    Data Privacy/Collection Disclaimer

    ​

    By clicking "Submit"below, YOU consent to the collection, use and disclosure of YOUR personal (i.e. email, name, unitholdings) data for the purposes of: 


    (a) receiving calls, emails, updates and information and communication regarding matters relating to Sabana REIT; 


    (b) organizing and contacting unitholders of Sabana REIT with regard to matters of Sabana REIT."

    ​

    Please contact info@savesabanareit.com for any enquiries regarding data protection and to reach our data protection officer.

     

     

    Subscribe Form

    ©2021 by Quarz Capital Management, Ltd. & Black Crane Capital

    DISCLAIMER

     

    This website and the information contained herein (collectively referred to as "the Website") are being made available to all unitholders of Sabana Reit (M1GU/SABA.SI). 

    ​

    Quarz Capital Management Ltd. ("Quarz") and Black Crane Capital ("Black Crane") are the investment managers of private funds (the “Quarz Funds”/ "Black Crane Funds" respectively) that own units in Sabana Reit. Quarz/Black Crane have created this Website to enable visitors to carefully monitor how sincerely the board and management of Sabana REIT address unitholders’ proposals, listen to unitholders’ views and endeavour to increase the value of the Sabana REIT units in the best interest of all unitholders.

    ​

    The Website was created solely for the purpose mentioned above. Quarz/Black Crane are not and should not be regarded or deemed in any way whatsoever to be (i) soliciting or requesting other unitholders of Sabana REIT to exercise their unitholders’ rights (including, but not limited to, voting rights) jointly or together with Quarz/Black Crane, (ii) making an offer, a solicitation of an offer, or any advice, invitation or inducement to enter into or conclude any transaction or (iii) any advice, invitation or inducement to take or refrain from taking any other course of action (whether on the terms shown therein or otherwise).

    ​

    The Website exclusively represents the assumptions, opinions, interpretations and estimates of Quarz/Black Crane in relation to Sabana REIT's business and governance structure. Quarz/Black Crane are expressing such opinions, etc. solely in their respective capacity as an investment adviser of the Quarz Funds/ Black Crane Funds.

    ​

    The information contained herein is derived from publicly available information deemed by Quarz/Black Crane to be reliable.

    ​

    The information herein may contain forward-looking statements which can be identified by the fact that they do not relate strictly to historical or current facts and include, without limitation, words such as “may,” “will,” “expects,” “believes,” “anticipates,” “plans,” “estimates,” “projects,” “targets,” “forecasts,” “seeks,” “could” or the negative of such terms or other variations on such terms or comparable terminology. Similarly, statements that describe Quarz’s/Black Crane's objectives, plans or goals are forward-looking. Any forward-looking statements are based on Quarz’s/Black Crane's current intent, belief, expectations, assumptions, estimates and projections. These statements are not guarantees, predictions or forecasts of future performance and involve risks, uncertainties, assumptions and other factors that are difficult to predict and that could cause actual results to differ materially. Accordingly, you should not rely upon forward-looking statements as a prediction of actual results and actual results may vary materially from what is expressed in or indicated by the forward-looking statements.

    ​

    While Quarz/Black Crane believe that reasonable efforts have been made to ensure the accuracy of the information contained in the Website, Quarz/Black Crane make no representation or warranty, expressed or implied, as to the accuracy, completeness or reliability of such information. Quarz/Black Crane expressly disclaim any responsibility or liability for any loss howsoever arising from any use of or reliance on any of the information contained in the Website or any of their contents as a whole or in part by any person, or otherwise howsoever arising in connection with the same.

     

    Quarz/Black Crane are not under any obligation to provide any updated or additional information or to correct any inaccuracies in the information contained herein.