EHT distribution ‘highly unlikely' for 2020

18 Nov 2020 - Singapore Business Review
Investors will be left out, as prospects of EHT’s consensual restructuring remain uncertain. Eagle Hospitality Trust (EHT) will most likely not have any income available for distribution for 2020. Its management has stated that this is in accordance with their distribution policy, and comes because of ...
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Directors need to ask if they are going overboard with their various board seats

14 Oct 2020 - The Business Times
THE issue of multiple directorships has cropped up again, following the arrest of the current and former Singapore-based directors of Eagle Hospitality Trust (EHT). The directors in question - Lau Chun Wah @ Davy Lau, Tan Wee Peng Kelvin, Tarun Kataria, Salvatore G Takoushian, Carl... To continue reading ...
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Stocks to watch: DBS, Cordlife, ThaiBev, UG Healthcare, MLT

6 Oct 2020 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Tuesday: DBS: Local lender DBS and Standard Chartered have jointly led a workgroup of 12 other banks to create and conduct a proof-of-concept for a digital Trade Finance Registry. This is to enhance lending practices ...
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Stocks to watch: Frasers Property, HC Surgical, AsiaPhos, Heeton, OKH, IReit

5 Oct 2020 - The Business Times
THE following companies saw new developments that may affect trading of their securities on Monday: Frasers Property: Its Australian division has won a bid to join the Queensland government's build-to-rent pilot project, the mainboard-listed property developer said on Saturday. Shares of Frasers Property ...
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Malaysian Genomics eyes specialised therapies as new growth driver - The Edge Markets MY

27 Jul 2020 - The Edge Markets MY

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Far East Consortium's acquisition of controlling stake in EHT falls through

25 Jul 2020 - The Business Times
Singapore HONG Kong-listed property conglomerate Far East Consortium International (FECIL) will not be proceeding with the proposed acquisition of a controlling stake in Eagle Hospitality Trust's (EHT) manager, EHT's manager said in a regulatory filing late Thursday. On June 3, EHT... To continue reading ...
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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 ...
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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 ...
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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 ...
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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 ...
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