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Eagle Hospitality Trust (EHT)
IPO
Eagle Hospitality Trust public offering re-allocated due to under-subscription
SINGAPORE (May 24): The managers of Eagle Hospitality Trust (EHT) have re-allocated 1.28 million stapled securities from the public offer to the placement tranche due to under-subscription in public tranche of the offering.
May 24, 2019
Global Markets
Trade war tensions continue to rise, earnings season brings mixed results
SINGAPORE (May 20): Tensions between Washington and Beijing continue to rise as US President Donald Trump shows no inclination to de-escalate the country’s trade war with China. Trump believes his clash with Chinese President Xi Jinping is boosting his
May 20, 2019
IPO
Eagle Hospitality Trust registers prospectus with MAS; to raise $620 mil from IPO
SINGAPORE (May 16): The trustee-managers of Eagle Hospitality Trust (EHT) have registered its prospectus with the Monetary Authority of Singapore in connection with the offering of 580.6 million stapled securities at the issue price of US$0.78 per stapled
May 16, 2019
In print this week
Why Singapore is a magnet for REIT listings
SINGAPORE (May 3): Singapore Exchange is the largest global REIT platform in Asia, with a market capitalisation of US$70 billion ($95.4 billion).
May 03, 2019
Global Economy
March CPI eases on lower power prices; Best World not having the best of times
SINGAPORE (Apr 29): The Department of Statistics on April 23 released the Consumer Price Index (CPI) for March. Core inflation, which excludes housing and private transport costs, has eased to 1.4% from 1.5% in February. The slightly lower inflation is at
April 29, 2019
IPO
Another US hospitality REIT lodges its prelim prospectus
SINGAPORE (Apr 25): Eagle Hospitality Trust (EHT) has lodged its preliminary prospectus for a listing on the Singapore Exchange, seeking to raise gross proceeds of around US$453 million ($619 million).
April 25, 2019