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Sabana-ESR merger: MAS says safeguards in place against conflicts of interest

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THE Monetary Authority of Singapore (MAS) on Friday clarified that its regulatory framework does not prohibit a shareholder group from owning substantial stakes in two real estate investment trust (Reit) managers managing Reits invested in the same property class. Read more at The Business Times.

MAS said there is no prohibition against a shareholder group owning substantial stakes in two Reit managers managing Reits invested in the same property.

THE Monetary Authority of Singapore on Friday clarified that its regulatory framework does not prohibit a shareholder group from owning substantial stakes in two real estate investment trust managers managing Reits invested in the same property class.

 

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