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Investors concerned about DBS Trustee's decisions on EHT

Observers say typical trustees unlikely to be able to carry out all operational duties of Reit managers

Uma Devi

Uma Devi

Published Fri, Apr 16, 2021 · 05:50 AM
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Singapore

EAGLE Hospitality Trust (EHT) has effectively fallen under the "care" of DBS Trustee after its original manager was removed for multiple breaches of the Securities and Futures Act last year and plans to install a new manager did not succeed.

Since then, corporate entities under EHT -…

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