Proposed change of Eagle Hospitality Trust manager falls through businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.
The Straits Times
Uma Devi
https://str.sg/JRzp
They can read the article in full after signing up for a free account.
Share link:
Or share via:
Sign up or log in to read this article in full
Sign up
All done! This article is now fully available for you
Read now
Get unlimited access to all stories at $0.99/month for the first 3 months.
Get unlimited access to all stories at $0.99/month for the first 3 months.
including the ST News Tablet worth $398.
Let s go!
Spin the wheel for ST Read and Win now.
Let s go!
SINGAPORE (THE BUSINESS TIMES) - The proposed change of a manager for beleaguered Eagle Hospitality Trust (EHT) fell through on Wednesday after unitholders voted against one of the four inter-conditional resolutions tabled at an extraordinary general meeting (EGM).
Corporate digest businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.
SINGAPORE (THE BUSINESS TIMES) - The shareholder of Eagle Hospitality Reit Management (EHRM) - manager of Eagle Hospitality Real Estate Investment Trust (EH-Reit) - on Dec 10 filed an appeal to Finance Minister Heng Swee Keat, regarding the directive on its removal.
In a press statement on Thursday (Dec 17), Mandarin West Holdings (MWH), the sole shareholder of EHRM, noted that the directive from the Monetary Authority of Singapore (MAS) dated Nov 30 instructed the trustee of EH-Reit to remove EHRM within one month from the date of issuance of the directive, or such longer period that MAS may approve in writing, and appoint a new manager for EH-Reit.
Shareholder of EH-Reit s manager files appeal to finance minister against removal businesstimes.com.sg - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from businesstimes.com.sg Daily Mail and Mail on Sunday newspapers.