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  • SBF advises firms to retrench staff only as a last resort
    by Staff Reporter on August 10, 2020 at 3:02 am

    Uploaded By:  Alyssa Divina Submitted By:  Staff Reporter Case Study:  No They are also reminded to tap on to government programmes and assistance schemes. The Singapore Business Federation (SBF) has issued an advisory to all its member companies on responsible retrenchment practices, stating that retrenchment should always be the last resort, a press release revealed. read more

  • Quarz and Black Crane to reject Sabana and ESR merger
    by Staff Reporter on August 10, 2020 at 2:58 am

    Uploaded By:  Nathanielle Punay Submitted By:  Nathanielle Punay Case Study:  No They questioned whether the merge was really in the best interest of shareholders. Fund managers Quarz Capital Management and Black Crane Capital have issued an open letter to the management and board of Sabana REIT, announcing intentions to vote against the proposed merger of Sabana REIT and ESR REIT. Both firms collectively own more than 10% of the units of Sabana REIT. read more

  • IREIT acquires four office properties in Spain
    by Staff Reporter on August 10, 2020 at 2:09 am

    Uploaded By:  Nathanielle Punay Submitted By:  Nathanielle Punay Case Study:  No It exercised the call option to acquire Tikehau Capital’s 60% share in the properties. SGX-listed IREIT Global (IREIT) is acquiring 60% interest in four freehold multi-tenanted office properties in Spanish cities Madrid and Barcelona, a press release revealed. It will be bought from Tikehau Capital at an agreed market value of $220.75m (€136.4m) on a 100% basis. read more

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