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Oxley shares add 7% on news of deal to sell Stevens Road hotels
Sale is an urgent attempt by the property developer to pare its debt, market watchers say
Published Fri, Jan 11, 2019 · 09:50 PM
Singapore
SHARES in property developer Oxley Holdings were on a tear in Friday's early session, adding 1.8 per cent to hit a three-month high at 9.03 am when it traded at 33 Singapore cents.
Oxley shares eventually ended Friday's session two Singapore cents or 6.8 per cent higher at 31.5 Singapore cents.
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