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Author: traderhub8   |   Latest post: Fri, 13 Dec 2019, 8:27 AM

 

Phillip Capital Morning Note

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Samsung said Thursday it will hold an event on Feb. 20 in San Francisco where it’s expected to unveil its first 5G and foldable phone, the Galaaxy S10.

Oxley Holdings has accepted a letter of intent (LOI) for the purchase of its Mercure and Novotel hotels along Stevens Road for S$950 million.

Singtel has ventured into the electricity reselling business, under a tie-up with YTL PowerSeraya's integrated energy provider unit Geneco, through Singtel power.

UNITED Overseas Bank (UOB) has renewed its bancassurance deal with Prudential for 15 yearsv, where the latter will pay the former S$1.15 billin over this period.

OUE Lippo Healthcare (OUELH) is venturing into Myanmar by acquiring stakes in two joint venture companies that own three hospitals, one medical centre and two clinics.

E-WASTE management company Metech International on Thursday said that it has borrowed another S$2 million of bonds through crowdfunding platform FundedHere.

ASL Marine will be holding a series of informal clinics for bondholders next week as it seeks consent for certain seek waivers and acceptances.

Source: SGXnet, The Business Times

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