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Author: traderhub8   |   Latest post: Fri, 24 May 2019, 4:23 PM

 

Phillip Capital Morning Note

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GX is launching a new securities settlement and depository system, T+2 securities settlement cycle from 10 December.

Chip Eng Seng has been awarded a S$20.8 million contract by the HDB for the design and build of upgrading projects in Yishun.

Swee Hong Limited has secured a contract with the PUB worth approximately S$37.2 million for the construction of link sewers for the DTSS Phase 2 Project at Commonwealth Avenue West/ Clementi Avenue 2/ University Flyover.

The Monetary Authority of Singapore (MAS) has launched a US$5 billion fund to attract fund managers to Singapore for private equity activity.

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

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