MAS and SGX RegCo to safeguard interests of Eagle Hospitality's security holders

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MAS and SGX RegCo to safeguard interests of Eagle Hospitality Trust's security holders

To safeguard the interests of EH-Reit unitholders, MAS has directed the Reit manager to obtain DBS Trustee’s approval before making any payments or transfers of the Reit’s funds.

The trustee is also required to set out the actions it will take to protect the interests of the unitholders, MAS and SGX RegCo said in the joint statement.

 

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