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Author: traderhub8   |   Latest post: Fri, 21 Sep 2018, 05:26 PM

 

Phillip Capital Morning Note

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Excelpoint Systems (Pte) Ltd, a subsidiary of SGX mainboard-listed Excelpoint Technology Ltd., announced that it is collaborating with SP Group to develop a low power and cost-effective Power Quality metering system that will optimise power distribution across the city.

Singapore Technologies Engineering Ltd has entered into an agreement to purchase MRA Systems, LLC (MRAS) from General Electric Company for US$630 million (S$868 million). MRAS is an established Original Equipment Manufacturer (OEM) of engine nacelle systems for both narrowbody and widebody aircraft.

Combine Will International Holdings Limited has officially inaugurated its new plant in Indonesia, signalling the Group’s successful strategic diversification of manufacturing facilities outside China.

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

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Related Stocks

Chart Stock Name Last Change Volume 
ST Engineering 3.51 +0.02 (0.57%) 5,115,300 
Combine Will 1.08 0.00 (0.00%)
Excelpoint 0.60 0.00 (0.00%) 60,600 

Market Buzz

Stock Date Type Subject
ST Engineering 21-Sep-2018 Announcement Employee Stock Option/ Share Scheme::NOTICE OF USE OF TREASURY SHARES
ST Engineering 19-Sep-2018 Announcement Disclosure of Interest/ Changes in Interest
Combine Will 18-Sep-2018 Blog Combine Will International Holdings Ltd: Diversification Out of China

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