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Author: traderhub8   |   Latest post: Mon, 22 Jul 2019, 11:19 AM

 

Phillip Capital Morning Note - 17 Jun 2019

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Britain's next prime minister clashed over Brexit strategy at their first debate on Sunday but the frontrunner, Boris Johnson, dodged the confrontation.

A nationwide Fox News poll released on Sunday shows President Donald Trump trailing former vice-president Joe Biden and no fewer than four other Democratic contenders as early campaigning for the 2020 election begins to gain steam.

Huawei's American chip suppliers, including Qualcomm and Intel, are quietly pressing the US government to ease its ban on sales to the Chinese tech giant, even as Huawei itself avoids typical government lobbying, people familiar with the situation said.

MERCURIUS Capital Investment is proposing to raise S$6 million by placing out shares to 12 individuals, including some existing shareholders.

Allied Tech on Friday said it has appointed PwC as its special auditor to investigate the circumstances surrounding certain transactions, including the placing of some S$33 million of funds with law firm JLC Advisors under escrow that reportedly went missing.

Source: SGX Masnet, The Business Times, Bloomberg, Channel NewsAsia, Reuters, PSR

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