SINGAPORE (Nov 3): OCBC is keeping its “hold” view on Far East Hospitality Trust after the hotel and serviced residences trust's earnings come in close to expectations.

OCBC notes that, while distribution per stapled security fell 9.1% on-year to 1.20 cents, it improved sequentially.

OCBC says it is also keeping its fair value estimate of $0.67 unchanged for now.

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