MAS, police launch probe into EHT current, former directors over disclosures

Singapore

THE Monetary Authority of Singapore (MAS) and the Commercial Affairs Department (CAD) of the Singapore Police Force have launched a joint investigation into Eagle Hospitality Trust's (EHT) current and former directors as well as officers responsible for managing the trust.

The probe is in connection with suspected breaches of disclosure requirements under Section 203 of the Securities and Futures Act, MAS and CAD said in a statement on Friday.