EHT’s board also understands that former directors of the managers have either already been interviewed, or will be interviewed in due course as part of the investigations.
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 the Commercial Affairs Department (CAD), who have commenced joint investigations into current and former directors, and officers responsible for managing EHT in connection with suspected breaches of disclosure requirements.
