Good morning TOS, managed to settle my ikbr. I know it ain't good asking for trading advise but I'm relatively new to Singapore stock exchange scene but I want to move my assets from Malaysia seeing how unstable it is.

Which sreit should I start with? Something stable and exposed to hotels? Or should I reconsider being exposed to tourism.

I think I'll stick with healthcare for Singapore as this is a familiar territory for my industry. I'm currently exposed to ytl reit that handles hotel chains

Add on went to look at the graph of parkway on ikbr. Holy smokes it's that bad huh for Singapore reits

Sabana's drama continues: https://links.sgx.com/FileOpen/Letter%20fro...t&FileID=796049

This letter highlights an important issue. Retail REIT holders should READ the trust deeds carefully. Usually the sponsor will hold a large stake in the REIT, thus rendering the amendments of trust deed that are against the interest of the sponsor next to impossible (e.g. internalization of REIT manager).

Quarz and others probably realized that too late and now seek to use "non-democratic" rules to bypass ESR's majority control of Sabana, angering other unitholders...

Well, I think the sponsor is the one that laughs the way till the end... Glad that I listen to dwRK's advice and exit all REIT positions early. There's just too much conflicts of interests in the REIT model in Singapore. In theory if the sponsor wanna bully us minorities/retail unitholders, even you call for AGM or EGM will also be useless since majority votes stay with the sponsors and their affiliates.

The activist shareholder landscape in SG still has a long way to go.

4% looks high!