You are here

ASAP sold hotels to sponsor ahead of IPO to gain transaction certainty: EHT


ASSET management firm ASAP sold six hotels to Eagle Hospitality Trust's (EHT) sponsor ahead of EHT's initial public offering (IPO) to gain transaction certainty independent of the IPO process, said EHT.

The trust was responding to queries from the Singapore Exchange (SGX...

BT is now on Telegram!

For daily updates on weekdays and specially selected content for the weekend. Subscribe to