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

The Edge Singapore
The Edge Singapore • 2 min read
Hong Kong's Far East Consortium plans to take 70% stake in EHT's manager
If the deal goes through FECIL will then proceed with helping EHT restructure
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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 been sought.

TAGS
Eagle Hospitality Trust (EHT)
Far East Consortium
FECIL

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