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EHT to use maiden distribution to pay for sponsor's liabilities

This is in light of failure by Urban Commons to fulfil its obligations under the master lease agreements

Singapore

MONIES that were originally intended for Eagle Hospitality Trust's (EHT) maiden distribution to unitholders will now be re-directed to fund critical expenses of the US-based hotel trust and its underlying portfolio.

This is in the light of the "continuing failure" by the...

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