Response To The SGX-ST's Queries
|Announcement Title||Response to SGX Queries|
|Date & Time of Broadcast||Nov 2, 2019 1:50|
|Supplementary Title||On Media Reports|
|Submitted By (Co./ Ind. Name)||Salvatore Gregory Takoushian|
|Designation||Executive Director and CEO|
|Description (Please provide a detailed description of the change in the box below)||Responses to queries from The Singapore Exchange Securities Trading Limited on Business Times article dated 1 November 2019 titled "EHT says no requirement to disclose sponsor's links to its largest investor" and "Frank Yuan's firm sold six hotels to the sponsor's founders, who then injected them into the 18-hotel portfolio that forms the IPO".
Please refer to the attached.
DBS Bank Ltd. was the sole financial adviser and issue manager for the initial public offering of Eagle Hospitality Trust.
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