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CAD-MAS Joint Investigations
Company in the news
Companies under CoAssets group under joint CAD and MAS investigation
CA Funding, under the CoAssets group, said in December 2020 that it intended to cease operations.
February 01, 2021
Company in the news
MAS moves to oust the manager of Eagle Hospitality Trust
MAS has serious concerns about EH-REIT Mgt’s ability and commitment to comply with rules and regulations
October 26, 2020
REITs
Eagle Hospitality Trust update: Urban Commons and the audacity of hope
Urban Commons blames the Covid-19 outbreak for EHT’s various defaults.
August 12, 2020
Management & Corporate Governance
Chief investment officer of manager of EC World REIT under CAD and MAS probe
Li received a letter on June 30 to provide certain information, documents, and electronic devices in relation to an offence under the Securities and Futures Act (Chapter 289).
July 02, 2020
Regulatory Action
Eagle Hospitality Trust to 'cooperate fully' with MAS, CAD investigations; MAS reviewing proposed change of manager
EHT’s board also understands that former directors of the managers have either already been interviewed, or will be interviewed in due course as part of the investigations.
June 08, 2020
Regulatory Action
MAS, CAD commence joint investigation into EHT's management
The authorities say the investigation stems from a referral by the Singapore Exchange Regulation (SGX RegCo), and follows a review announced by SGX RegCo and MAS on Apr 20.
June 05, 2020