Daily Morning Note – 15 January 2018
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BREAKING NEWS
800 Super announced that it was awarded the waste management licence for the Pair Ris – Bedok sector by the National Environment Agency. The aggregate contract value is approximately $193.5 million. The contract is for a period of 7 years and 4 months commencing from 1 July 2018 to 31 October 2025.
Sarine Technologies Ltd announced the opening of the Sarine Technology Laboratory. Sarine Technology Lab will initially offer services in Ramat Gan, Israel, commencing in February. The services offered will include authentication of the polished diamond (as per diamond or simulant, natural or synthetic, treated or not) and the grading of its 4Cs, all using the latest state-of-theart technology. Sarine’s digital 4Cs report will be customisable as to layout and design to reflect the retailer’s branding message and can be fully integrated with the Sarine ProfileTM experience (light performance, imaging, Hearts and Arrows analysis, etc.) at competitive pricing. The services in Israel will be followed by the opening of a lab in India, planned for May
Noble Group Limited announced the completion of the sale of Noble Americas Corp, the conclusion of its monetisation of the Global Oil Liquids and North American Gas & Power businesses and retirement of its senior secured borrowing base revolving credit facilities.
Capital World Limited announced that the Group has launched Malaysia’s biggest indoor theme park concept at its Capital City Project in the state of Johor.
Source: SGX Masnet, PSR
Clients of Phillip Securities can keep updated with Country Strategy and Singapore Sector Reports by logging into: www.poems.com.sg > STOCKS > Research
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