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Phillip Capital Morning Note - 18/3/2019

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Publish date: Mon, 18 Mar 2019, 09:36 AM
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Water treatment company Hyflux has tossed out some of the claims filed against it after adjudication, but the bulk of the S$3.59 billion demanded by some 74 groups of claimants still stands.

Mainboard-listed mineral and resources company Abterra's Australian mining unit, which has now been placed under liquidation, owes the company more than previously disclosed, the board has said.

A Chinese unit of Catalist-listed OUE Lippo Healthcare is seeking legal advice after its claims against a former legal representative were dismissed by a Shanghai court, the board disclosed on Saturday night.

The managing director of a key Ayondo unit in Germany has stepped down, the Catalist-listed trading platform developer disclosed on Saturday morning.

Source: CEIC, PSR
 

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