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EC World REIT Faces Potential Loan Acceleration

EC World REIT Faces Potential Loan Acceleration

EC World Real Estate Investment Trust (SG:BWCU) has released an update.

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EC World Real Estate Investment Trust has issued an update following their previous announcements regarding their offshore facility agreements. The Manager informs shareholders that if certain conditions are not met within the prescribed timeline, lenders are ready to commence enforcement action, which could include accelerating loans under the offshore facilities.

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