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Phillip Capital Morning Note

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Publish date: Mon, 27 Aug 2018, 10:52 AM
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Telco StarHub is set to launch a digital marketplace for solutions aimed at small businesses, with United Overseas Bank (UOB) its first partner, under a memorandum of understanding unveiled on Sunday.

The largest shareholder of embattled commodities trader Noble Group has sold certain senior notes since a special general meeting was called, the board said in the latest update on its proposed restructuring.

The group chief financial officer (CFO) of oil and gas procurement specialist Federal International (2000) is being probed by the authorities for possible market conduct offences, the board has said.

Catalist-listed technology company DeClout now owns all the shares in a telecommunications subsidiary and an electrical parts unit, under a sale and purchase agreement inked on Aug 24.

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

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