338 Followers SGX:LIW - Eagle Trust USD (USD 0.137) EAGLE HOSPITALITY TRUST
Sector: Finance, Industry: Real Estate Investment Trusts
Add to Watchlist
   
Add Alert 


Yahoo Finance

EHT commences forensic accounting probe on sponsor

30 Jun 2020 - Singapore Business Review
Master lessors issue two notices of default to relevant master lessees. Eagle Hospitality Trust (EHT) managers have directed FTI consulting to commence a forensic accounting investigation of EHT’s sponsor Urban Commons and its master lessees, according to a filing. The investigation would include reviewing ...
sgx:liw usx:fcn

Eagle Hospitality Trust announces further defaults; total liabilities incurred by master lessees at $70.8 mil, instead of $62.3 mil as previously reported

23 Jun 2020 - The Edge Markets
SINGAPORE (June 22): The manager of Eagle Hospitality Trust (EHT) announced Sunday evening (June 21) that it has received additional notices of default by certain master lessees under the hotel management agreements. This comes as a result of their failure to provide and maintain sufficient working capital ...
sgx:liw

Eagle Hospitality Trust directors interviewed by MAS

9 Jun 2020 - Singapore Business Review
This follows the joint investigation of suspected breaches of disclosure requirements. Eagle Hospitality Business Trust Management (EHT) confirms that the current directors have attended interviews with the Monetary Authority of Singapore (MAS) to assist in the ongoing joint investigation with the Commercial ...
sgx:liw sgx:5tj sgx:s68

Eagle Hospitality Trust to 'cooperate fully' with MAS, CAD investigations; MAS reviewing proposed change of manager

8 Jun 2020 - The Edge Markets
SINGAPORE (June 8): Eagle Hospitality Trust (EHT) has confirmed that its current directors of the manager have attended interviews with the Monetary Authority of Singapore (MAS) to assist in investigations. In an update on Monday, the REIT says it intends to “cooperate fully” with the MAS, as well as ...
sgx:liw sgx:s68

MAS, CAD commence joint investigation into EHT's management

5 Jun 2020 - The Edge Markets
SINGAPORE (June 5): The Monetary Authority of Singapore (MAS) and the Commercial Affairs Department (CAD) have launched a joint investigation into current and former directors, and officers responsible for managing Eagle Hospitality Trust (EHT). The authorities say the investigation stems from a referral ...
sgx:liw sgx:s68

Joint investigation kicks off against Eagle Hospitality Trust's management

5 Jun 2020 - Singapore Business Review
Breaches of disclosure requirements under the Securities and Futures Act are suspected. The Monetary Authority of Singapore (MAS) and the Commercial Affairs Department (CAD) of the Singapore Police Force have launched a joint investigation against current and former directors and managing officers at ...
sgx:liw sgx:s68

Hong Kong's Far East Consortium plans to take 70% stake in EHT's manager

4 Jun 2020 - The Edge Markets
SINGAPORE (June 3): A Hong Kong property company plans to take a 70% stake in the manager of Eagle Hospitality Trust. Hong Kong-listed Far East Consortium International Limited has up to July 14 to complete a deal with Urban Commons, sponsor of EHT. Approval from the Monetary Authority of Singapore has ...
sgx:liw sgx:5tj

Eagle Hospitality Trust redirects maiden distribution funds to critical expenses

29 May 2020 - Singapore Business Review
Stapled securityholders will no longer receive the distribution announced for Q1. Eagle Hospitality Trust (EHT) will be redirecting the funds intended for the maiden distribution to unitholders to fund its critical and portfolio preservation expenses, the company announced in an SGX filing. This meant ...
sgx:liw sgx:s68

SGX RegCo asks EHT to update and clarify on restructuring

28 May 2020 - Singapore Business Review
They were asked to provide an outline of proposals made known to the special committee. The Singapore Exchange Regulation (SGX RegCo) has queried Eagle Hospitality Trust (EHT) to provide an update on the actions that its Special Committee has taken in relation to its restructuring process. EHT is asked ...
sgx:liw sgx:s68

Eagle Hospitality Trust to sacrifice distributions for the 'preservation and protection' of portfolio

27 May 2020 - The Edge Markets
SINGAPORE (May 27): Unitholders of beleaguered Eagle Hospitality Trust (EHT) will not receive any distributions for the period of May 24, 2019 to Dec 31, 2019 as the trust scrambles to utilise its funds for “preservation and protection” of its portfolio. “Given the present developments, it would no longer ...
sgx:liw