EHT's proposed manager to prioritise possession and resuming operations of all portfolio properties
Uma Devi
Singapore
IN A bid to revive the beleaguered Eagle Hospitality Trust (EHT), the proposed new manager of EH-Reit says its immediate priorities would be to gain legal and physical possession of all 18 properties in the real estate investment trust's (Reit) portfolio, and bring them back up to operating standards.
Only three out of the 18 properties in EH-Reit's portfolio are currently operating.
TRENDING NOW
On the board but frozen out: The Taib family feud tearing Sarawak construction giant apart
As more Asean states turn to Russia for fuel, will Moscow boost its influence in the region?
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
Is it time to scrap COE categories for cars?