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(Stocks Discussion) SGX: Eagle Hospitality Trust (SGX: LIW)?
Discuss anything about Eagle Hospitality Trust (SGX: LIW) share price, dividend yield, ratios, fundamentals, and if you would buy or sell this REIT on the SGX Singapore market. Do take note that the answers given by our members are just their opinions, so please do your own due diligence before making an investment in Eagle Hospitality Trust (SGX: LIW).
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The constant insider selling tops my list of concerns. Do they know something that the public does not?
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The Eagle Hospitality debtors, their official committee of unsecured creditors and their prepetition lenders filed a liquidating plan and related disclosure statement yesterday, Thursday, Oct. 14, which incorporates a âglobal settlementâ that âreflects a good faith compromise and settlement of numerous inter-Debtor, Debtor-creditor, and intercreditor issuesâ including issues regarding substantive consolidation, the allocation among the liquidating debtors of $481.9 million in sale proceeds from 14 of the debtorsâ 15 hotel properties, the validity and enforceability of intercompany claims and the funding of the wind-down of the Singapore debtors. Full analysis here: https://reorg.com/eagle-hospitality-financial-a...