Urban Commons forges alliance in bid to strenthen position in Eagle Hospitality Trust debacle

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Urban Commons (UC) is forming a partnership with Texas real estate company Encore Enterprises Inc to strengthen its position in the debacle involving Eagle Hospitality Trust (EHT).

UC is the sponsor of EHT, which is listed in Singapore but focuses on the US hospitality market.

The trust is currently suspended from trading, amid severe business conditions, and accusations of financial irregularities.


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