Live Breaking News & Updates on மாண்டரின் மேற்கு ஹோல்டிங்ஸ்
Stay updated with breaking news from மாண்டரின் மேற்கு ஹோல்டிங்ஸ். Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.
SINGAPORE (THE BUSINESS TIMES) - The Monetary Authority of Singapore (MAS) confirmed on Sunday that the appeal from the shareholder of Eagle Hospitality Reit s (EH-Reit) manager regarding the directive on its removal has not been accepted. MAS earlier direction to DBS Trustee on Nov 30 remains in effect and the trustee is required to comply with the direction, said an MAS spokesperson. Mandarin West Holdings (MWH), the sole shareholder of EH-Reit s manager, had on Dec 10 filed an appeal to Finance Minister Heng Swee Keat against its removal. The directive from MAS dated Nov 30 instructed the trustee of EH-Reit to remove EH-Reit s manager 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. ....
MAS rejects appeal by shareholder of Eagle Hospitality Reit's manager 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.
Appeal on removal of EH-Reit's manager not successful: MAS, Companies & Markets 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.