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Phillip Capital Morning Note - 1 Nov 2019

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Publish date: Fri, 01 Nov 2019, 09:22 AM
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CHINA'S three state telcos on Thursday announced the roll-out of 5G mobile phone services, marking a key step in Beijing's ambitions to become a technology superpower at a time when it remains locked in trade tensions with Washington.
 
MindChamps PreSchool has opened a A$7 million (S$6.6 million), 94-place flagship centre in Australia which caters to children aged six weeks to six years, the company said in a bourse filing on Wednesday night (Oct 30).  
 
YANGZIJIANG Shipbuilding inked new order contracts for six 31,800 dwt Great Lakes bulk carriers, the Chinese shipbuilder said on Thursday.
 
THE man who became Eagle Hospitality Trust's (EHT) single largest shareholder during its lukewarm initial public offering (IPO) was also the man who sold EHT's sponsor six of the 18 hotels that eventually formed its IPO portfolio, EHT confirmed on Thursday.

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

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