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Phillip Capital Morning Note

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Publish date: Mon, 24 Sep 2018, 10:05 AM
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Qingjian Realty (South Pacific) Group said that it has sold 300 units at the JadeScape condo as at 2pm, Sunday, Sept 23. The average transacted price is S$1,700 per square foot. Under the first phase of sales, 480 of the development's 1,206 residential units has been released.

Keppel Corp is considering a potential transaction of its stake in logistics and data centre arm Keppel Telecommunications & Transportation (Keppel T&T) and has asked Singapore Press Holdings (SPH) to take part in a possible transaction involving their stakes in listed telco M1, according to filings with the Singapore Exchange on Monday morning.

DBS Group Holdings, Southeast Asia's largest lender, is expanding its fixed-income business in China in a bid to bring more first-time bond issuers to the offshore market.

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

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