Brief: Sph REIT Says Sph REIT Manager's Board Of Directors Will Be Taking A 10% Cut Of Directors' Fees
March 26 (Reuters) - SPH REIT SPHR.SI :
* SPH REIT - SPH REIT MANAGER'S BOARD OF DIRECTORS WILL BE
TAKING
A 10% CUT OF DIRECTORS' FEES
* SPH REIT - CEO OF SPH REIT, SUSAN LENG WILL TAKE A PAY CUT
OF
10%
* SPH REIT - OTHER SENIOR STAFF WILL TAKE PAY CUTS OF 5%
* SPH REIT - CUTS WILL BE EFFECTIVE FROM APRIL 2020 AND WILL
BE
REVIEWED AT END OF YEAR
Source text for Eikon: urn:newsml:reuters.com:*:nSNZ3RXs8S
Further company coverage: SPHR.SI
((Reuters.Briefs@thomsonreuters.com;))
Recent news on Paragon REIT
See all newsBrief: Paragon REIT Requests Lifting Of Trading Halt
Brief: Paragon REIT Announces Proposed Privatisation For S$0.98 In Cash For Each Unit
Brief: Paragon REIT Announces Proposed Scheme Of Arrangement To Privatise Paragon REIT
Cuscaden Peak offers to take Paragon REIT private in $2 billion deal (updated)
Top shareholder Cuscaden Peak to take Paragon REIT private in $2 billion deal