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

The sole shareholder of Eagle Hospitality Trust’s (EHT’s) manager has filed an appeal with Singapore’s Finance Minister, Heng Swee Keat, against its removal.

Related: MAS orders removal of Eagle Hospitality Trust’s manager

In a media statement provided to REITsWeek on 17 December, the shareholder, Mandarin West Holdings (MWH) LLC, stated that “there are meritorious grounds of appeal with reasonable chances of success”.

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By Shariffa Al-Habshee

Shariffa joined REITsWeek in 2017, and monitors Asia-Pacific REITs for the publication.