Recently, Viva Industrial Trust (VIT) and ESR-Reit announced a proposed merger to create Singapore’s fourth largest industrial Reit with a combined S$3 billion in assets. If you are a VIT or ESR REIT shareholder, this article may help answer some of your burning questions.
As a VIT shareholder myself, I attended the recent “VIT Dialogue Session” organized by SIAS. The dialogue is a very useful session and we got to speak with CEO and Executive director Wilson Ang (VIT) and Adrian Chui (ESR). I compiled some of the common questions in this post.
Note I am speaking from a VIT shareholder’s point of view. You may view it differently if you are an ESR-Reit unitholder. After all, if the deal is too good for VIT shareholders, it is not as good as it is for ESR-REIT holders. You should also take note that the EGM is taking place on 31 August 2018 ......