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Queen Mary Long Beach
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.
September 21, 2023
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
September 02, 2021
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
May 28, 2021
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.
December 18, 2020
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
December 11, 2020
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
September 23, 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
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
May 26, 2020
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
May 22, 2020