Brief: Ec World REIT Says Received Letter Dated 30 June From Commercial Affairs Department And MAS

EC World Real Estate Investment Trust

02/07/2020 12:10

July 2 (Reuters) - Ec World Real Estate Investment Trust
 ECWO.SI :
    * RECEIVED A LETTER DATED 30 JUNE FROM COMMERCIAL AFFAIRS
DEPARTMENT AND MAS
    * LETTER SEEKS MANAGER PROVIDE CERTAIN INFORMATION,
DOCUMENTS &
ELECTRONIC DEVICES IN RELATION TO INVESTIGATION
    * INVESTIGATION IS INTO AN OFFENCE UNDER SECURITIES AND
FUTURES
ACT, CHAPTER 289
    * CHIEF INVESTMENT OFFICER OF MANAGER HAS BEEN INTERVIEWED
BY CAD
IN CONNECTION WITH INVESTIGATION
    * CHIEF INVESTMENT OFFICER'S REQUEST FOR LEAVE OF ABSENCE
ACCEPTED, TO REVIEW HIS APPOINTMENT LATER
    * MANAGER INTENDS TO FULLY COOPERATE WITH CAD AND MAS IN
THEIR
INVESTIGATION
    * CAD INDICATES THAT EC WORLD REIT AND MANAGER ARE NOT UNDER
INVESTIGATION
    * BUSINESS AND OPERATIONS OF EC WORLD REIT HAVE NOT BEEN
AFFECTED
BY INVESTIGATION

Source text for Eikon:  ID:nSNH4wl1 
Further company coverage:  ECWO.SI 

 ((Reuters.Briefs@thomsonreuters.com;))