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Why issue units to selected institutional investors ??
wow...looks like some internal war is going on....
read more details here:
http://info.sgx.com/webcoranncatth.nsf/VwAttachments/Att_5AD1A1FDFFE8952248257670002F57D5/$file/MIREIT_response_to_CIT_no_00003.pdf?openelement
16 November 2009
Dear Unitholders
• CIT ANNOUNCEMENT HAS NO MERIT AND OFFERS NO SOLUTION
• CITM IS NOT A VIABLE MANAGER FOR MI-REIT
• WINDING UP MI-REIT IS NOT IN THE BEST INTEREST OF UNITHOLDERS
• VOTE “FOR”: INDEPENDENT DIRECTORS RECOMMEND YOU VOTE IN FAVOUR OF THE
RESOLUTIONS AT THE EGM ON 23 NOVEMEBER 2009
• DO NOT VOTE “AGAINST” AND RISK LOSING ALL YOUR INVESTMENT
Cambridge Industrial Trust (“CIT”) has on 16 November 2009 made an announcement (no. 00003) in respect
of MI-REIT’s recapitalisation plan and upcoming EGM on 23 November 2009. We would like Unitholders to
note that:
- CIT’s announcement is NOT AN OFFER to MI-REIT Unitholders.
- CIT purchased
Thanks!
cambridge industrial trust doesnt like macarthur's action, so it fired a few shots this morning.
good or bad, read www.nextinsight.com.sg
maybe CIT will try to buy more Macarthur shares.
two investors give their take.
Anyone know wat happen to macCookiret?? tk
good or bad news?