Eagle Hospitality Trust Moves to Terminate EH-REIT, Files Court Application to Repatriate Remaining Funds

Eagle Hospitality Trust ( (SG:LIW) ) has provided an update.

DBS Trustee, as trustee of Eagle Hospitality Real Estate Investment Trust, has completed investigations into potential legal claims related to the Liquidating Chapter 11 Entities and, based on legal advice, determined that proving loss and damage would be highly challenging, so pursuing such actions is not recommended. As a result, the trustee is proceeding to terminate and liquidate EH-REIT under a Deed of Termination, including seeking tax clearance and applying to delist the trust from the Singapore Exchange, with no expected recovery for stapled securityholders as remaining assets will go to the beneficiaries of the U.S. Liquidating Trust.

The trustee has also filed a repatriation application in the Singapore Court to transfer any remaining funds in Singapore to the Liquidating Trust under the recognised U.S. restructuring plan, with a hearing scheduled in July 2026 and procedures set for affected parties to object and participate. Upon completion of the winding-up, the trustee will be released from its obligations under the trust deed, while keeping investors updated on court proceedings, repatriation of funds, and the final delisting and liquidation steps, underscoring the definitive wind-down of the vehicle and crystallising losses for stapled securityholders.

More about Eagle Hospitality Trust

Eagle Hospitality Trust is a Singapore-based stapled trust comprising Eagle Hospitality Real Estate Investment Trust and Eagle Hospitality Business Trust, focused on hospitality-related real estate investments. Its portfolio and activities have been under U.S. Chapter 11 restructuring, with Singapore courts and regulators overseeing the winding-down and cross-border insolvency processes.

Current Market Cap: $119.6M

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