SUBSCRIBERS
Eagle Hospitality to boost cash with asset sales, strategic review
Published Thu, Mar 19, 2020 · 09:50 PM
Singapore
EAGLE Hospitality Trust's (EHT) managers on Thursday said they intend to identify assets that can be sold so as to bolster the trust's cash position.
EHT also plans to hire a financial adviser to conduct a "strategic review" and come up with options that can "unlock value and create liquidity".
KEYWORDS IN THIS ARTICLE
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Cordlife directors offer differing views on future oversight if board is rejigged
Tesla lays off more staff in software, service teams, Electrek reports
Robinhood Crypto gets Wells notice from US SEC
Morgan Stanley strategists see inflation as key for path of US stocks
US: Wall Street opens higher as rate-cut hopes linger
Tyson raises outlook as lower costs boost chicken segment