The Queen Mary

REITs

Eagle Hospitality Trust sinks 36% as managers mull asset sales, strategic review

Since its debut on the SGX in May last year, units in EHT have plummeted some 82.4% from its IPO price of 78 US cents.

Broker's Calls

Lack of clarity makes Eagle Hospitality Trust a risky bet, says KGI

“The lack of clarity and information is the main problem for investors. You don’t really know what’s happening,” says KGI analyst Amirah Yusoff.

Results

Eagle Hospitality Trust misses IPO forecast by 24.4% with 4Q DPS of 1.179 US cents

Eagle Hospitality Trust has missed its IPO forecasts for 4Q19. Since its IPO in May last year, the counter has sunk some 32%.

REITs

EHT's manager clarifies ownership of Queen Mary

SINGAPORE (Nov 6): Eagle Hospitality Trust’s manager has clarified that it does have clean title to the Queen Mary Long Beach ground lease which comprises a ship and the adjacent car park.

REITs

Closer look at EHT's portfolio following Nov 2 replies to SGX

SINGAPORE (Nov 3): Since August, Claydon Hill Investments and Compass Cove Assets have been selling their stakes in Eagle Hospitality Trust.  On Nov 2, EHT’s manager announced that Claydon Hill Investments subscribed to 141.44 million units at IPO, Com

REITs

Saving Queen Mary

Non-profit QMI urges restoration of the iconic attraction but Long Beach City Council and Urban Commons seemingly unmoved

REITs

Scrutiny on Queen Mary warrants closer look at EHT’s portfolio

SINGAPORE (Nov 4): Eagle Hospitality Trust did not have an auspicious beginning on the Singapore Exchange. Apart from the retail portion’s not being fully subscribed, EHT securities fell below the IPO price of 78 US cents on the first day of trading on

Global Markets

Briefs

SINGAPORE (Oct 28): “Closing the gaps requires both jobseekers and employers to be more open and flexible.” – Singapore’s Manpower Minister Josephine Teo, on the widening mismatch between job seekers and openings available
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