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Markets
SGX Group proposes cap refinement on clearing member liability for multiple defaults
The proposal is subject to market feedback and a public consultation that is open till April 24.
March 22, 2024
Company in the news
USP Group divests Joo Koon property for $5.3 mil to repay mortgage
USP Group is disposing off its subsidiary's HQ in Joo Koon for $5.3 million to repay its mortgage and defaults.
November 22, 2022
REITs
Urban Commons tries to win investors' trust after defaulting while SCCPRE awaits EGM vote on Dec 30
Urban Commons claims it has a better solution to reviving Eagle Hospitality Trust than SCCPRE. Can it win investors' trust?
December 22, 2020
REITs
More twists and turns at Eagle Hospitality Trust
In yet another twist in the Eagle Hospitality Trust saga, Urban Commons has put forward two resolutions to recapitalise the trust
December 19, 2020
REITs
Tussle for Eagle Hospitality Trust
Urban Commons, which owns the current manager of Eagle Hospitality Trust has filed an appeal to the Minister of Finance.
December 17, 2020
REITs
More updates on Eagle Hospitality Trust
On Aug 14, Eagle Hospitality Trust’s manager and trustee said they discovered an unauthorised loan application dated May 18, 2020 made under the United States Paycheck Protection Program (PPP) administered by the United States Small Business Adminis
August 14, 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
Debt and defaults
No light at the end of the tunnel for Century Sunshine
No light at the end of the tunnel for Century Sunshine
July 13, 2020
Spackman surpasses breakeven point for 'Default', film grosses US$20 mil in box office revenue
SINGAPORE (Dec 10): Spackman Entertainment Group Limited says its new film, Default, has grossed US$20 million ($27.4 million) in box office revenue and crossed its break-even point of 2.6 million tickets within 12 days since its official release in South
December 10, 2018