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UBS reviewing 'buy' call on EHT default event; stock suspended

Published Wed, Mar 25, 2020 · 09:50 PM

Singapore

UBS has placed its "buy" rating on Eagle Hospitality Trust (EHT) under review, after the US-based hotel trust called for a voluntary trading suspension on Tuesday while it deals with a loan default.

Last Friday, EHT was served with a notice of default in relati…

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