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Author: traderhub8   |   Latest post: Thu, 27 Feb 2020, 2:57 PM

 

Phillip Capital Morning Note - 9 Sept 2019

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Tiong Seng clinches $287mn deal from JTC to build an industrial building

Del Monte swings to US$38.3mn loss in 1Q on lower revenue

Keppel Pacific Oak US REIT agreed to acquire an office complex in Dallas for US$101.5mn

Thailand announced a relocation package to attract foreign companies looking to move production due to US-China trade tension.

Japan's economy grew an annualised 1.3 per cent in April-June, less than the initial estimate of a 1.8 per cent expansion, revised data from the Cabinet Office showed on Monday.

Pro-democracy activists jammed Hong Kong streets in a march to the United States consulate on Sunday in a bid to ramp up international pressure on Beijing, but hardcore protesters later clashed with riot police across the city's core.

United Arab Emirates' Minister of Energy and Industry Suhail al-Mazrouei said on Sunday that Opec and non-Opec producers are "committed" to achieving oil market balance.

Mainboard-listed engineering group TEE International is appointing an external third party independent investigator to look into unauthorised transactions totalling S$6.55 million made by its subsidiaries to related parties.

Source: The Business Times

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