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Phillip Capital Morning Note - 27 Aug 2019

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Publish date: Tue, 27 Aug 2019, 09:22 AM
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An Oklahoma judge on Monday ordered US health care giant Johnson & Johnson to pay US$572 million in damages for its role in fostering the state's opioid addiction crisis.

Walt Disney Co and Target Corp announced a collaboration on Sunday that will open 25 Disney stores inside select Target locations nationwide on Oct 4, with plans for 40 additional sites by October next year.

G-7 leaders meeting in France on Monday backed Hong Kong's autonomy as laid out in a 1984 agreement between Britain and China and called for calm in the protest-hit city.

Wall Street on Monday recovered a chunk of last week's sharp losses, with investors finding some comfort in President Donald Trump's rosy talk of a China trade deal.

Pre-Conditional Offer Announcement was made by Aier Eye Hospital Group (listed on Shenzhen Stock Exchange) to acquire all the shares of ISEC Healthcare Ltd for S$0.35 per share.

Singapore shares drop 1.5% on Monday; in the red for 2019

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

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