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Phillip Capital Morning Note

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Publish date: Mon, 09 Jul 2018, 10:40 AM
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Sembcorp Marine has revised the purchase price for acqusition of Sevan marine intellectual property rights from US$28 million to US$39 million.

Samurai 2K has updated that the Company's wholly-owned subsidiary, Orientus Industry Sdn. Bhd.'s pending Intellectual Property Rights have been duly granted and registered.

Hyflux Ltd has been granted a six-month extension for announcing the unaudited financial statements for the second quarter ended June 30, which was originally supposed to be announced by Aug 14 this year. It will also have three more months to announce its third quarter financials, which were meant to be released no later than Nov 14.

US Nonfarm payrolls increased by 213,000 jobs last month, exceeding expectations of 195,000. Unemployment rate rose from an 18-year low to 4% and average hourly earnings rose 0.2%.

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

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