GROWTH
&
RESPONSIBILITY
Sabana REIT strongly believes in contributing
to society. That makes our growth more meaningful.
Since its listing, Sabana REIT has helped numerous charitable
organisations and causes using its non-Shari’ah income. In 2013,
Sabana REIT allocated 100% of its non-Shari’ah income (S$130,760)
to the following beneficiaries:
1Q 2013:
• Singapore Red Cross Society (“SRC”) – S$16,423 in cash to
sponsor a humanitarian project in the Philippines.
• MENDAKI Social Enterprise Network Services – S$16,423 in cash
to support its school-based student care centre that helps
latch-key children and students with learning difficulties.
2Q 2013:
• Lions Befrienders Service Association (Singapore) - S$15,000
worth of T-shirts for the senior beneficiaries of the association.
• Ananias Centre – S$15,156 in cash to sponsor the after-school
care enrolment fees for needy students.
3Q 2013
• “Save Neira Ng” project – S$28,754 in cash to help the family of
Ng Wei Qi pay the medical costs for their four-month old baby
girl Neira who suffered from two brain tumours.
1
4Q 2013
• Singapore Amalgamated Services Co-operative Organisation
Limited (SASCO) Community Project Fund – S$19,502 in cash to
sponsor a number of SASCO’s projects that benefit children and
elderly from financially-challenged families.
SASCO Community Project Fund
Lions Befrienders Service Association (Singapore)
Ananias Centre
1
Sadly, Neira Ng passed away a few weeks after the donation was made. The amount remaining
after paying Neira Ng’s hospital bills is awaiting disbursement to a similar case as this annual
report went to press.
SABANA REIT
|
ANNUAL REPORT 2013
82