News Formal

Eagle Hospitality Trust IPO's public offer undersubscribed amid market volatility

  • 📰 BusinessTimes
  • ⏱ Reading Time:
  • 16 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 10%
  • Publisher: 51%

Ireland News News

Ireland Ireland Latest News,Ireland Ireland Headlines

Eagle Hospitality Trust IPO 's public offer undersubscribed amid market volatility

, with the Straits Times Index slipping 0.27 per cent to 3,152.25 as at 9am following a Wall Street sell-off overnight.

Meanwhile, some 1.3 million were re-allocated to the international placement to “satisfy an indication of interest received”, the managers said. The placement tranche was fully subscribed. The issue price of US$0.78 per stapled security falls below an earlier indicative range of US$0.80 to US$0.81.

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 15. in İE
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Ireland Ireland Latest News, Ireland Ireland Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Great Eastern offers critical illness plan insuring three generations in market firstINSURER Great Eastern has introduced a critical-illness term plan that protects three generations in a family within a single policy - the first such plan in Singapore. Read more at The Business Times.
Source: BusinessTimes - 🏆 15. / 51 Read more »