The Board of Directors of Sabana Real Estate Investment Management Pte. Ltd., as Manager of Sabana Shari'ah Compliant Industrial Real Estate Investment Trust announced the appointment of Mr. Aw Wei Been as Acting Chief Executive Officer with effect from 1 January 2018. Aw is currently the Chief Operating Officer and Head of Asset Management of the Manager. The Board believes that Aw's experience with Sabana REIT and in various leadership positions will ensure a smooth transition during the interim period while it continues to intensify its search for a new CEO. The handover process is already in progress between Mr. Xayaraj and Mr. Aw. Aw has more than 20 years of experience in the real estate industry, and has been with Sabana REIT since its listing in November 2010. Prior to joining the Manager, he has held various senior positions in the industry including Head of Asset Management at Tarian Capital Partners Pte Ltd. and Head, Infrastructure Planning and Facilities Management at the Agency for Science, Technology and Research.