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EHT scrapping all master leases after 'multitude of defaults'
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Uma Devi
Published Wed, Sep 23, 2020 · 09:50 PM
Singapore
TROUBLED Eagle Hospitality Trust (EHT) has issued notices of termination of master lease agreements (MLAs) to the master lessees of all its 18 properties, describing the current arrangement as "unviable".
The termination is slated to occur 10 days after the delivery of the notices, said the stapled group's managers on Wednesday.
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