PRE-MARKET TAIWAN AND SINGAPORE STOCK NEWS: Chunghwa Telecom (2412 TT) received a TWD 58bln contract to build a solar power plant from Taiwan Power Co.

TAIWAN

Chunghwa Telecom (2412 TT)
- Co. received a TWD 58bln contract to build a solar power plant from Taiwan Power Co. (Taipei Times)

Formosa Petrochemical (6505 TT)
- Co. and State-owned oil refiner CPC Corp. will lower domestic gasoline prices by TWD 0.3/litre and diesel prices by TWD 0.4/litre. (Focus Taiwan)

MediaTek (2454 TT)
- Co. announced to pay its workers TWD 160mln in sports day bonuses. (Focus Taiwan)

Phison (8299 JT)
- Co. is said to be mulling a share repurchase. (Newswires)

Quanta (2382 TT)
- Co. receives order from Apple (AAPL) for AR glasses. (Newswires)

 

SINGAPORE

Noble Group (NOBL SP)
- Fitch lowered Co. rating by 2 notches to CC due to possible restructuring. (Newswires)

StarHub (STH SP)
- Co. CEO Tan will quit effective May 2018 to pursue his own interests. (Straits Times)

20 Nov 2017 - 00:30- Research Sheet- Source: Newswires

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