Frasers Hospitality Trust (FHT) finished the trading day on 13 September about 22% lower from its previous close, after a bid to privatise the entity was rejected by unitholders.
The trust finished the trading day at SGD0.55, down from SGD0.705 previously.
And the plunge in unit price came amid a thin volume of married deals, which denotes that the decline was caused largely by regular market activity.
Related: Frasers Hospitality Trust sets out plans should privatisation bid fails
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