Welcome!
FECIL
Company in the news
Hong Kong's Far East Consortium not proceeding with stake acquisition in EHT’s manager
According to a filing on July 23, 2020, EHT’s manager says that no definitive agreement had been signed, and that the managers were informed by FECIL that it will not be proceeding with the transaction.
July 24, 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
Company in the news
Hong Kong's Far East Consortium plans to take 70% stake in EHT's manager
If the deal goes through FECIL will then proceed with helping EHT restructure
June 04, 2020