EHT receives request for EGM proposing rights issue, retention of manager
Add BT as a preferred source
Uma Devi
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.
TRENDING NOW
Two-thirds of Sentosa Cove resales in the red, with average loss topping S$1 million since 2023
Singapore at 61: How we can ensure opportunity, security and ownership for the next generation
Too little, too late? Manila’s billion-dollar bid to ignite its sputtering EV industry
How BYD disrupted Singapore’s car market – and why the strategy is turning on itself
