As a shareholder / Unitholder in ApexHi I can't say I'm very happy with the offer from Redefine income fund to buy out the unit holders in ApexHi and Madison.
I believe shareholders are better served by staying invested in ApexHi and will enjoy stronger dividends from the ApexHi portfolio.
I intend voting against the offer.
Saturday, January 17, 2009
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2 comments:
I hope the big shareholders are with you on this one.
Being a small shareholder of a property company gives you less say in the assets, unfortunately.
Yup... Agh the 11% dividend yield that Redefine are promising has some appeal, I just prefered the sleeker ApexHi model...
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