The Queen Mary Longbeach, a property of Eagle Hospitality Trust. (Eagle Hospitality Trust)The Queen Mary Longbeach, a property of Eagle Hospitality Trust. (Eagle Hospitality Trust)

The sponsor of Eagle Hospitality Trust (EHT) has cast doubts over plans that have been forwarded by its new prospective manager, SCCPRE Hospitality REIT Management.

The company, which is a unit of SC Capital Group, has been identified as the new manager of EHT after a compulsory removal order from Singapore's financial regulators.

Related: Shareholder of Eagle Hospitality Trust’s manager appeals against removal


Dear members, please login to continue reading this article.

Don’t miss out on information beyond mainstream media reports that may impact your investments.
Login or sign-up for a free 25-day trial here. Why subscribe?

By Ridzwan Rahmat

Ridzwan has been analysing REITs and business trusts since 2008, and personally manages a portfolio comprising mainly of SGX-listed REITs. He founded REITsWeek in 2013.