Trader Hub

Phillip Capital Morning Note - 23 Sept 2019

traderhub8
Publish date: Mon, 23 Sep 2019, 11:16 AM
traderhub8
0 1,729
Trader news and research articles

Hong Kong police again clashed with protesters in various parts of the city, with firefighters called in to put out blazes set by the demonstrators in the 16th week of pro-democracy protests.

The Formula One Singapore Grand Prix recorded its second highest attendance in the night race's 12-year history, having pulled in 268,000 attendees over three days - despite the hazy weather.

An event of default on a loan granted to PACC Offshore Services Holdings' (Posh) joint venture has triggered a cross-default under a second loan facility by another lender to the joint venture.

8TELECOM International Holdings has entered into a binding term sheet to issue 3 per cent equity-linked convertible notes worth up to S$10 million maturing in 2021.

SHS Holding Ltd updated on 22 September 2019 on its Bangladesh solar project - the HDFC has entered into various contracts with certain EPC contractors with a view to supporting the application for an extension of the Extended Planned Commercial Operations Date by the Ministry of Power. Payment for the EPC contracts will be on a deferment basis. The contractors’ payments under the EPC Contracts are to be made by HDFC, and the EPC contractors will have no recourse against any other entity within the Group.

Geo Energy to Scale-Up Coal Business and Acquire Two Producing Mines for US$25.0 million. Geo Energy to acquire a 100% stake in PT Titan Global Energy (“TGE”) and an effective interests of 51% in each of the two producing mines PT Bara Anugrah Sejahtera (“BAS”) and PT Banjarsari Pribumi (“BP”) from PT Titan Infra Energy (“TIE”) 1 and PT Jaya Utama Indonesia (“JUI”) for US$25 million (the “Consideration”)

Source: The Business Times, SGX, PSR

Related Stocks
Market Buzz
Discussions
Be the first to like this. Showing 0 of 0 comments

Post a Comment