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Author: traderhub8   |   Latest post: Tue, 12 Nov 2019, 3:49 PM

 

Phillip Capital Morning Note - 3 Sept 2019

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Hoe Leong Corporation on Monday said it has received a statutory demand under the Companies Act from the law firm acting on behalf of United Overseas Bank (UOB) which is seeking payment of about S$5.7 million from the company within 21 days from Aug 29, 2019, the date of receipt of the statutory demand.

KOON Holdings auditor Ernst and Young LLP has issued a disclaimer of conclusion over the construction and precast firm's interim financial results for the six months ended June 30.

SINGAPORE'S hotels appear to have garnered robust bookings for July and August, with expectations for a healthy performance in the second half of the year.

China said Monday it had lodged a complaint against the US with the World Trade Organisation (WTO), one day after new tariffs imposed by Washington on billions of dollars of Chinese goods came into force.

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

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Labels: Koon, UOB

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