The Business Times
business-time-50

Ascendas Hospitality may attract more than one offeror

Reit managers said to have begun inviting other interested bidders after receiving unsolicited expression of interest

google-preferred-sourceAdd BT as a preferred source
Published Tue, Jan 5, 2016 · 09:50 PM
    A-HTrust

    Singapore

    THERE is likely going to be more than one bid for Ascendas Hospitality Trust (A-HTRUST).

    The Business Times understands from people close to the deal that managers of the real estate investment trust (Reit) have begun inviting other interested bidders to put in their offers for the Reit.

    TRENDING NOW

    Singtel Singapore’s operating revenue falls 3.1% to S$901 million, attributed to “continued intense price competition”.

    Singtel Q1 gain drops 71% to S$818 million in absence of Airtel stake sale; weaker Singapore business

    The energy and urban solutions provider incurred S$155 million in transaction costs related to its acquisition of Australian energy provider Alinta.

    Sembcorp raises interim dividend despite 72% H1 profit slide to S$150 million on Alinta deal costs

    BYD’s rise to become the No 1 passenger-car seller in Singapore can be described as explosive. 

    How BYD disrupted Singapore’s car market – and why the strategy is turning on itself

    Revenue for the half year grows 61.1% to S$2.72 billion, up from S$1.69 billion in H1 2025.

    CDL H1 profit jumps three times to S$301 million on strong condo sales, doubles interim dividend

    Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
    Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
    View More