Acrophyte Hospitality Trust

Acrophyte Hospitality Trust’s ability to stay afloat in doubt over US$198.5 million loan due in September

H2 revenue declines 5.1% year on year to US$80.5 million from US$84.9 million.

Acrophyte Hospitality Trust H2 DPS falls 50.7% to US$0.00418 on reduced portfolio size

The family of property tycoons Gordon and Celine Tang now owns the managers of Suntec Reit and Acrophyte Hospitality Trust.
HOCK LOCK SIEW

As one Chinese billionaire family builds its S-Reit empire, what does it mean for minority investors?

The Tang Organization, owned by property tycoon couple Gordon and Celine Tang (above), holds a 65.43% stake in GRC.

Construction firm GRC ends 5.3% higher on Monday after over 40% surge in past week