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Acrophyte Hospitality Trust Still in Talks for Potential Deal for Stapled Securities

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Acrophyte Hospitality Trust (SGX:XZL) said it remains in discussions with sponsor Tang Organization over a potential transaction linked to its stapled securities, according to a Monday filing with the Singapore Exchange.

The hospitality trust said there are no guarantees the talks will lead to any transaction.

Shares of the trust were up over 2% in Tuesday trading.

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