Eagle Hospitality Trust ("EHT") IPO debuted at a price of US$0.78 per unit back in May 2019 with lackluster response from retail investors which resulted in one of the worst ever under subscription record for the year. It eventually closed off at a disastrous pricing of US$0.73 per unit for the day which was a 6.9% decline. The nightmare does not end for shareholders of EHT as it continues to plunge in value into the USD$0.64 to USD$0.70 range over the next few months. Unfortunately, the bloodbath rages on with a price meltdown when the issue of lease default on one of its major property asset held in the form of the iconic Queen Mary cruise ship surfaced. This is shocking as the sponsor (Urban Commons) has just listed the trust on SGX. Queen Mary at Long Beach California was valued at US$159.4Mil and makes up 12.55% of the...