SGX:LIW

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Eagle Hospitality Trust Repatriates Funds of Eagle Hospitality REIT; to Delist Aug. 31

Eagle Hospitality Trust (SGX:LIW) said all remaining funds of its Eagle Hospitality Real Estate Investment Trust have been repatriated to the US Liquidating Trust, as required under the approved restructuring plan.Stapled securityholders will not receive any value from the winding-up of Eagle Hospitality REIT, according to a Wednesday Singapore Exchange filing.Eagle Hospitality REIT will be delisted from the Singapore Exchange at 9 a.m. Singapore time on Aug. 31, with its termination taking place on the same day.

SGX:LIW

Asia104d ago

Eagle Hospitality Trust Obtains Singapore Bourse's Nod to Delist Eagle Hospitality REIT

Eagle Hospitality Trust (SGX:LIW) received the green light from the Singapore Exchange for the delisting of Eagle Hospitality Real Estate Investment Trust from the bourse's Official List, according to a Friday bourse filing.The delisting is subject to an official company update.The trust will confirm the date and time of delisting in due course, the filing added.This follows the trust's plan to wind up, terminate, and delist Eagle Hospitality Real Estate Investment Trust.Eagle Hospitality Trust is a Singapore-based hospitality stapled group that comprises Eagle Hospitality Real Estate Investment Trust and Eagle Hospitality Business Trust.

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