Highlights

Trader Hub

Author: traderhub8   |   Latest post: Fri, 15 Feb 2019, 04:45 PM

 

Phillip Capital Morning Note

Author:   |    Publish date:


CapitaLand is acquiring Temasek's subsidiary Ascendas-Singbridge (ASB) in a S$11 billion deal aimed at creating Asia’s largest diversified real estate group. After the transaction, CapitaLand's combined total assets under management (AUM) will exceed S$116 billion, and cover asset classes such as logistics/business parks, industrial, lodging, commercial, retail and residential. In addition, the group will surpass CapitaLand’s 2020 AUM target of S$100 billion, putting it among the top 10 real estate investment managers in the world.

Creative Technology said on Monday that it is ready to work with original equipment manufacturers to incorporate its Super X-Fi headphone technology into their products, after getting a good response from some large players at last week’s CES tech trade show in the US.

Energy solutions provider Keppel Infrastructure Holdings has secured a contract to design, build and operate pipe racks on Jurong Island worth about S$40 million. The contract was awarded by JTC Corporation to Pipenet, a wholly owned subsidiary of Keppel Infrastructure, for the construction of pipe racks along parts of Banyan Drive, Banyan Avenue and the Jurong Island Highway that will facilitate pipeline connection to the Jurong Rock Caverns.

Apple's latest iPhone models are facing huge discounts in China as retailers try to sell the struggling devices. That comes as the top-of-the-line Apple smartphones have posted poor China sales on what experts say are too-high prices for the world's largest smartphone market and a lack of innovative features compared to local competitors like Huawei.

Source: SGXnet, The Business Times

Share this

Related Stocks

Chart Stock Name Last Change Volume 
CapitaLand 3.36 -0.04 (1.18%) 5,023,500 
Creative 4.94 -0.58 (10.51%) 1,511,200 
Kep Infra Tr 0.515 0.00 (0.00%)

  Be the first to like this.
 


 

137  164  178  619 

ActiveGainersLosers
Top 10 Active Counters
 NameLastChange 
 LION-PHILLIP .. 1.03+0.01 
 STI ETF 3.234-0.014 
 HSI29000MBeCW.. 0.082-0.03 
 HSI28000MBeCW.. 0.0830.00 
 ThaiBev 0.815+0.095 
 HSI 26000 MBE.. 0.057+0.013 
 ABF SG BOND ETF 1.135+0.002 
 HSI26400MBePW.. 0.10+0.018 
 NikkoAM-STC A.. 1.177+0.004 
 PHIL SING INC 1.06-0.003 
Partners & Brokers