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Author: traderhub8   |   Latest post: Tue, 19 Feb 2019, 09:41 AM

 

Phillip Capital Morning Note

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Frame Pictures, a wholly-owned subsidiary of Spackman Entertainment Group, has secured four major camera equipment deals for a Korean film and three Korean drama series.

Midas Holdings Limited has received a letter from CRRC's lawyers dated 14 August 2018 and a copy of a final judgement filed on 9 August 2018 by Hong Kong's high court. According to the judgement, Midas is to pay a sum of approximately US$7.3 million to CRRC.

Nam Cheong has received approval from the Singapore Exchange for more time to announce its Q1 2018 and Q2 2018 results.

An indirect Indonesian subsidiary of TT International has been placed under a suspension of debt payment obligations regime, following a petition submitted by creditor PT Bank Resona Perdana to the Central Jakarta District Court.

Source: CNBC, Bloomberg, Reuters, Business Times, Phillip Securities Research

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Chart Stock Name Last Change Volume 
Nam Cheong 0.006 0.00 (0.00%) 50,000 
Midas 0.192 0.00 (0.00%)
TT Intl 0.014 0.00 (0.00%)

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