EHT receives request for EGM proposing rights issue, retention of manager

Singapore

ENTITIES controlled by Howard Wu and Taylor Woods, holding 10.54 per cent of the stapled securities of Eagle Hospitality Trust (EHT), have requested that an extraordinary general meeting (EGM) be convened to offer securityholders of EHT another option for the revival of the currently suspended trust.

The request was made on Dec 14. Mr Wu and Mr Woods, who were, respectively, EHT's non-executive chairman and non-executive deputy chairman, have proposed two resolutions.