A-HTrust suspends trading; books closure on Dec 18
Vivienne Tay
Singapore
TRADING of Ascendas Hospitality Trust's (A-HTrust) stapled securities was suspended on Tuesday at 9am, according to a filing by the trust's manager before market opened.
The manager had said in a filing on Dec 5 that books closure will be on Wednesday, 5pm. This is to determine the entitlements of A-HTrust stapled securityholders regarding the trust scheme of arrangement for the proposed combination of A-HTrust and Ascott Residence Trust.
TRENDING NOW
Singapore at 61: How we can ensure opportunity, security and ownership for the next generation
With tech for fact-checking to cancer care, Singapore startups aim beyond home
Vietnam seeks US$76 billion a year from capital markets to ease reliance on banks
Why Asean matters more than ever to the UK and Singapore