Market Report: Taking Stock
Wednesday 20 May 1998
The company has a 20 per cent interest in the development. Greenwich Resources gained 2.75p to 23.5p and Westmount 12p to 157p. They each have 20 per cent of Desire.
ACTION at Millennium & Copthorne, the hotel chain. There was talk that Hong Leong Investments, the Far Eastern group with 55.1 per cent, had trimmed its stake. A seller attempted to unload 5 million but had to be content with getting rid of 3.5 million. Millennium shares fell 2.5p from their peak to 617p.
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