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Eagle Hospitality slides further despite action by stabilising agent

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Published Mon, May 27, 2019 · 09:50 PM

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Still going down

Singapore

STAPLED securities of Eagle Hospitality Trust (EHT) continued to decline on Monday, paring three US cents or 4.1 per cent to finish at US$0.70.

The counter had already shed 6.4 per cent from its initial public offering (IPO) price of US$0.78 to close at US$0.73 on its mainboard debut last Friday, on heavy volume of 23.1 million shares.

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