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Phillip Capital Morning Note

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Publish date: Mon, 12 Nov 2018, 10:14 AM
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Trader news and research articles

The Singapore Exchange Regco is proposing changes to the voluntary delisting rules, which, if adopted, will shift the voting power play from offerors and concert parties to minority and independent shareholders and potentially compel a sweeter exit proposition.

KrisEnergy has awarded a contract for flagship Cambodia oil project to Keppel Shipyard Ltd.

Roxy-Pacific has entered into an agreement to acquire a property at 33 Argyle Street, Parramatta NSW, Australia.

Profit guidance: Hor Kew Corporation Limited expects to record a loss for the third quarter ended 30 September 2018.

Profit guidance: United Food Holdings Limited expects to report profit after tax for 3Q2018 and 9M2018 as compared to loss for the previous corresponding periods.

Nordic Group Limited has secured approximately S$29.1 million worth of contracts.

Oxley Holdings announced the sale of No. 2 Dublin Landings in Ireland.

Trendlines Medical Singapore and A*ccelerate establish partnership to jointly develop and commercialise medical technologies.

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

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