Queen Mary Long Beach

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
More drama for Eagle Hospitality Trust as founders of sponsors are hauled to court in US - THE EDGE SINGAPORE

REITs

More drama for Eagle Hospitality Trust as founders of sponsors are hauled to court in US

As Urban Commons is hauled to court in the US, seven EHT unitholders are petitioning for UC to acquire its Chapter 11 assets
SC Group chairman has a plan for Eagle Hospitality Trust, but will investors let him in? - THE EDGE SINGAPORE

REITs

SC Group chairman has a plan for Eagle Hospitality Trust, but will investors let him in?

Eagle Hospitality Trust's trustee is recommending a unit owned by SC Group to be the new manager of the trust.
Eagle Hospitality Trust in hornet's nest, circular shows  - THE EDGE SINGAPORE

REITs

Eagle Hospitality Trust in hornet's nest, circular shows

Eagle Hospitality Trust's unitholders face fateful choice of more pain, circular asking for approval of new manager shows

REITs

Eagle Hospitality Trust’s manager and trustee outline restructuring and rehabilitation plans

Eagle Hospitality Trust's manager and trustee announce initial restructuring and rehabilitation plans

REITs

Eagle Hospitality Trust update: Urban Commons and the audacity of hope

Urban Commons blames the Covid-19 outbreak for EHT’s various defaults.

REITs

Eagle Hospitality Trust update: Beware over-valuation

In a report by the Orlando Weekly on May 25, which referred to Urban Commons problems, including its failure to pay cleaning bills of US$420,000, it emerges that its Holiday Inn Resorts Orlando Suites - Waterpark, is valued at US$71 million, a marked dif

REITs

Eagle Hospitality Trust is a lost cause, unitholders’ hopes hinge on full investigation

SINGAPORE (May 22): This afternoon, we received an open letter from a unitholder of Eagle Hospitality Trust. The unitholder is clearly concerned that interest payments on the REIT’s loans - US$506.6 million as at Dec 31, 2019- may have been suspended, a
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