Brief: Monetary Authority Of Singapore Says Orders Removal of Eagle Hospitality REIT Manager
30/11/2020 09:39
Nov 30 (Reuters) - Eagle Hospitality Trust EAGL.SI :
* MONETARY AUTHORITY OF SINGAPORE - DIRECTED DBS TRUSTEE TO
REMOVE
EAGLE HOSPITALITY REIT MANAGEMENT AS MANAGER OF EAGLE H-REIT
* MAS- CONTINUES TO HAVE SERIOUS CONCERNS WITH EH-REIT MGT’S
ABILITY & COMMITMENT TO COMPLY WITH MAS’ RULES AND REGULATIONS
* MAS - DIRECTED TO APPOINT A NEW MANAGER AS SOON AS
PRACTICABLE
FOR EAGLE H-REIT
Source text: https://www.mas.gov.sg/news/media-releases/2020/mas-orders-removal-of-eagle-hospitality-reit-manager
Further company coverage: EAGL.SI
((Reuters.Briefs@thomsonreuters.com;))
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