Eagle Hospitality Trust (EHT)

MAS reports $7.1 mil in penalties for anti-money laundering breaches from January 2022 to June - THE EDGE SINGAPORE

Anti-money laundering

MAS reports $7.1 mil in penalties for anti-money laundering breaches from January 2022 to June

This is MAS’s fourth enforcement report, which details action taken high profile cases such as Three Arrow Capital and others.

REITs

Eagle Hospitality Trust fiasco dents REIT listing hub

Whether Eagle Hospitality Trust's fiasco has dented SGX as a REIT hub remains to be seen, tested by a logistics REIT IPO soon

REITs

EHT disposes Crowne Plaza Dallas Near Galleria-Addison for US$15.5 mil

The current offer has been the most attractive one for Crowne Dallas, says DBS Trustee.
REIT Trustee says recovery of monies unlikely for Eagle Hospitality Trust’s minority investors - THE EDGE SINGAPORE

REITs

REIT Trustee says recovery of monies unlikely for Eagle Hospitality Trust’s minority investors

Eagle Hospitality Trust's investors are unlikely to get anything bank from Chapter 11 sales process
Eagle Hospitality Trust's pain is almost over, with lessons learnt   - THE EDGE SINGAPORE

REITs

Eagle Hospitality Trust's pain is almost over, with lessons learnt

Time for reflection in the final days of Eagle Hospitality Trust, on what went wrong

Company in the news

Three independent directors resign from Eagle Hospitality Trust

The three directors are Tarun Kataria, Lau Chun Wah @ Davy Lau and Tan Wee Peng Kelvin.
Urban Commons seeks EHT to reconsider its decision to deny EGM request - THE EDGE SINGAPORE

Company in the news

Urban Commons seeks EHT to reconsider its decision to deny EGM request

Unitholders of a publicly listed company in Singapore have the right to request the board of directors to convene a further EGM.

Company in the news

EHT sponsor expresses doubt over SC Capital's proposal to replace existing REIT manager

Urban Commons says it has provided recommendations to “save the REIT”, that were ignored by DBS Trustee.

Company in the news

Eagle Hospitality Trust trustee proposes SCCPRE Hospitality REIT Management as new REIT manager

The new manager was chosen due to SC Capital Group’s track record of managing and delivering strong asset performances.
MAS orders removal of Eagle Hospitality REIT manager - THE EDGE SINGAPORE

Company in the news

MAS orders removal of Eagle Hospitality REIT manager

The decision came after EHT's written responses raised "no new material facts".
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