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HOCK LOCK SIEW

Why the buyout interest in Ascendas H-Trust?

THE bids are in for Ascendas Hospitality Trust (A-HTrust). The Business Times understands there are four bids - from Blackstone, Gaw Capital, a joint one from Varde Partners and Westmont Hospitality, and a fourth bid which BT was unable to ascertain by press time. The names bandied about are...

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