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Phillip Capital Morning Note - 25/3/2019

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Publish date: Mon, 25 Mar 2019, 04:14 PM
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Trader news and research articles

Special Counsel Robert Mueller found no evidence of collusion with Russia but failed to exonerate President Donald Trump on obstruction of justice even though Attorney General William Barr said he didn’t find enough evidence to pursue an obstruction charge.

Thailand’s junta-linked party took a shock lead in the popular vote with nearly all ballots counted, the Election Commission said late Sunday, edging ahead of its pro-democracy rivals in the first election since a 2014 coup.

Sino Grandness Food Industry Group has entered into a placement agreement with JW Capital Group to raise net proceeds of around S$6.8 million to repay outstanding sums to Soleado Holdings and strengthen its financial and working capital.

Singapore’s largest condominium Treasure at Tampines sold 272 units at an average S$1,280 per sq ft, after the project launched over the weekend. The close to 650,000 sq ft development, situated on the former Tampines Court site, has 2,203 units in all. Developer Sim Lian released 490 units for sale.

Sabana Reit's divestment of a Tuas industrial building is off for now after the purchaser did not obtain approvals from JTC.

Source: SGX Masnet, Bloomberg, Channel NewsAsia, Reuters, The Business Times, PSR

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