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Anti-money laundering
MAS reports $7.1 mil in penalties for anti-money laundering breaches from January 2022 to June
This is MAS’s fourth enforcement report, which details action taken high profile cases such as Three Arrow Capital and others.
September 21, 2023
REITs
Eagle Hospitality Trust fiasco dents REIT listing hub
Whether Eagle Hospitality Trust's fiasco has dented SGX as a REIT hub remains to be seen, tested by a logistics REIT IPO soon
September 02, 2021
REITs
EHT disposes Crowne Plaza Dallas Near Galleria-Addison for US$15.5 mil
The current offer has been the most attractive one for Crowne Dallas, says DBS Trustee.
July 30, 2021
REITs
REIT Trustee says recovery of monies unlikely for Eagle Hospitality Trust’s minority investors
Eagle Hospitality Trust's investors are unlikely to get anything bank from Chapter 11 sales process
July 15, 2021
REITs
Eagle Hospitality Trust's pain is almost over, with lessons learnt
Time for reflection in the final days of Eagle Hospitality Trust, on what went wrong
July 13, 2021
Company in the news
Three independent directors resign from Eagle Hospitality Trust
The three directors are Tarun Kataria, Lau Chun Wah @ Davy Lau and Tan Wee Peng Kelvin.
January 07, 2021
Company in the news
Urban Commons seeks EHT to reconsider its decision to deny EGM request
Unitholders of a publicly listed company in Singapore have the right to request the board of directors to convene a further EGM.
December 24, 2020
Company in the news
EHT sponsor expresses doubt over SC Capital's proposal to replace existing REIT manager
Urban Commons says it has provided recommendations to “save the REIT”, that were ignored by DBS Trustee.
December 22, 2020
Company in the news
Eagle Hospitality Trust trustee proposes SCCPRE Hospitality REIT Management as new REIT manager
The new manager was chosen due to SC Capital Group’s track record of managing and delivering strong asset performances.
December 01, 2020
Company in the news
MAS orders removal of Eagle Hospitality REIT manager
The decision came after EHT's written responses raised "no new material facts".
November 30, 2020