PHILLIPCAPITAL BRINGS TURKISH MARKET EXPERTS TO SINGAPORE
15 May 2013 (Singapore) – PhillipCapital, one of the largest Asian financial firms with a global reach, brings Turkish market experts to Singapore at the Turkey-Singapore Investment Forum 2013 on 17 May, SGX Auditorium. The forum provides key insights into the current economic development, investment climate and capital markets of Turkey; offering a new and fast growing market to Singapore investors.
Turkey is a country offering significant opportunities for foreign investors with its geographically perfect position to function as a gateway between Europe, Middle East and Central Asia. Solid economic growth along with political stability has topped international investors’ confidence in Turkey, according to auditing and consultancy firm Ernst & Young’s (E&Y) recently released Turkey Attractiveness Survey 2013.
This forum provides a platform for the local and Turkish financial and business community to share and exchange knowledge and industry views on the current development of the capital market, particularly the Islamic financial markets in both countries. Singapore is a gateway for Turkish investors and financial institutions to expand their trade and investment opportunities in the ASEAN region. Conversely the Singaporean financial community, through this forum, can explore the opportunities in Turkey and use it as proxy to the Central Asian and Europe regions.
PhillipCapital established itself in the Turkish market through the acquisition of an Istanbul-based securities and futures brokerage in early 2012. PhillipCapital Menkul Degerler, our Turkish company is a member of both the Istanbul Stock Exchange and the Turkish Derivatives Exchange.
With the aim of building a global network, PhillipCapital had set its footprints across major financial centres in Asia, Europe, Australia and North America. “Over the past 37 years, we have expanded not only our regional presence; but also widened our products and services range and evolved into a global player. Our presence worldwide exposes us to global opportunities and enables us to tap into opportunities that further strengthen PhillipCapital’s core business”, said Mr Loh Hoon Sun, Managing Director of Phillip Securities Pte Ltd, one of the member companies of PhillipCapital.
The Chairman of PhillipCapital Group Mr Lim Hua Min opens the event on 17 May, 1.30pm at the SGX Centre 1, Level 2 Auditorium. The guest speakers are: Dr Ibrahim Turhan, (Chairman and CEO of Borsa Istanbul), Mr. Cagatay Duruk (Director for Foreign Securities Market of Borsa Istanbul), Mr. Saruhan Dogan (Deputy Gen. Manager. Of Finansbank, one Turkey’s leading banks), Mr. Okan Boke (Bloomberg TV Commentator), and Mr. Tansu Sesli (Head of International Capital Markets of PhillipCapital Menkul Degerler).
The Turkey-Singapore Investment Forum is open to all investors, stock brokers and Singapore-listed companies who are interested to hear the latest updates on Turkey’s economy, business climate and investing into stocks listed on Borsa Istanbul. Its economic growth averaged more than 6% over the past 10 years, underpinned by a sound banking sector that was little affected by the 2008 financial crisis. The strength of the banking sector is reflected on Borsa Istanbul where it is the largest sector comprising 31.55% of Borsa’s market capitalization. “There are good opportunities in Turkish stocks and we look forward to offering Asian Investors access to Borsa Istanbul with PhillipCapital Menkul Degerler", said Kerem Korur, GM of PhillipCapital Turkey.
Phillip Securities receives Top SGX-ST Member 2012 (Structured Warrants) award
8 January 2013 - Phillip Securities Pte Ltd received the Top SGX-ST Member 2012 (Structured Warrants) award at the 'SGX Brokers Appreciation and Awards Night' held at the W Hotel Singapore, Sentosa Cove. The award was presented by the CEO of SGX, Mr Magnus Bocker.
This award recognizes, together with two other Top SGX-ST Member 2012 (Structured Warrants), the strong contribution of Phillip to the growth of SGX's Securities market in the previous year.
PHILLIP SECURITIES CLINCHED THE BEST RETAIL BROKER AWARD 2012
03 October 2012 - For three successive years, Phillip Securities Pte Ltd (A member of PhillipCapital) has once again clinched the Best Retail Broker Award, recognised by the Securities Investors Association of Singapore (SIAS) at the SIAS Investors’ Choice Awards 2012. Click HERE to view the full article.
PHILLIPCAPITAL EXPANDS ITS GLOBAL FOOTPRINTS TO 16 COUNTRIES
02 August 2012 – PhillipCapital (the “Group”) is now officially present in 16 countries after the conclusion of the Share Purchase Agreement, as reported earlier in March, with MF Global Sify Securities Private Limited (the “Company”). In this agreement, the Group acquired a majority stake of the Company from MF Global Overseas Limited and Sify Technologies Limited. The acquisition includes a 100% owned Dubai subsidiary, MF Global Middle East DMCC, a broker and clearing member of Dubai Gold and Commodities Exchange (DGCX).
The Company received the necessary regulatory and statutory 'no objection approvals' for the change in control. Hence, will be renamed soon as PhillipCapital (India) Pvt Limited.
With the aim of building a global network, the Group had set its footprints across major financial centres in Asia, Europe and North America. In Q1 2012, PhillipCapital entered Turkey with the acquisition of an Istanbul-based securities and futures brokerage called Hak Menkul Kiymetler, which is a member of both the Istanbul Stock Exchange and the Turkish Derivatives Exchange.
“Over the past 37 years, we have expanded tremendously not only in our regional presence; but also in widening our products and services as a global player. This milestone lives up to endless possibilities to tap on global opportunities and continue strengthening PhillipCapital’s footprints”, said Mr Loh Hoon Sun, Managing Director of Phillip Securities Pte Ltd, member of the PhillipCapital group.
Locally, Phillip Securities Pte Ltd will open its 10th Phillip Investor Centre at Holland Drive by end of Q3 2012.
PHILLIPCAPITAL ANNOUNCES ACQUISITION OF HAK MENKUL KIYMETLER A.Ş. IN TURKEY
13 March 2012 –PhillipCapital is pleased to announce the acquisition of HAK MENKUL KIYMETLER A.Ş. (“HAK”), a securities and futures brokerage firm based in Istanbul, Turkey. This acquisition further extends our reach of markets, and will allow the Group to tap into the growth of the capital markets in Turkey and the region. With this acquisition, PhillipCapital now operates in 13 countries in Asia, Australia, Europe and the United States. This is in line with the Group’s objective of providing a wider range of financial products and services for its customers.
Founded in 1990 and a pioneer in online trading, HAK is a member of both the Istanbul Stock Exchange and the Turkish Derivatives Exchange. The company also holds a minority stake in Takasbank A.Ş., the central clearing and settlement bank.
“We are delighted to have this new partnership with PhillipCapital. We look forward to benefit from their expertise in stockbroking and related activities to expand our business in Turkey, while tapping into the Group’s global connectivity”,said Kerem Korur, General Manager of HAK.
“PhillipCapital looks forward to working closely with HAK to introduce more Asian and global financial products to the Turkish markets. We also plan to introduce Turkish financial products to Asia through our extensive distribution network. We are proud that HAK will become the first Asian-owned firm to be a member of the Istanbul Stock Exchange”, said Thomas Yeoh, Director of Corporate Development, PhillipCapital.
Situated at the crossroads of Eastern Europe and Central Asia, Turkey has a population of over 70 million, Gross Domestic Product (GDP) per capita exceeding USD 10,000, and GDP growth rate of 8.9% in 2010. There are currently more than 350 companies listed on the Istanbul Stock Exchange, while the futures market, Turkish Derivatives Exchange, has been growing steadily since its launch in 2005. Its young and dynamic population is driving its economy on a high growth trajectory. In the financial services area, Turkey aims to be an international financial centre for the region.
Best Retail Broker Award 2010 Securities Investors Association of Singapore (SIAS)
5 October 2010- Investors’ Choice Awards 2010 Phillip Securities Pte Ltd (a member of PhillipCapital) clinched the ‘Best Retail Broker Award 2010’ in the recently held Investors’ Choice Awards 2010 recognised by the Securities Investors Association of Singapore (SIAS). Click here to view.
Buy, Sell and Go - Published by The Edge Singapore, issue no. 441, October 4 to 10, 2010.
4 October 2010- An article featuring Phillip Securities mobile broker was published in The Edge Singapore, issue no. 441, October 4 to 10, 2010.
Reproduced with permission of The Edge Publishing Pte Ltd., Copyright © 2010 The Edge Publishing Pte Ltd. All Rights Reserved Worldwide. Click here to view.
Phillip Capital Management (S) Ltd (A member of PhillipCapital) has won the following award at the The Edge-Lipper Fund Awards 2010.
18 March 2010- Phillip Asia Pacific Growth Fund
Winner of the Equity Asia Pacific (10 Year) category
The factsheet of the winning fund can be viewed here.
The Edge-Lipper Awards recognise funds that have excelled in delivering consistently strong risk-adjusted performance, relative to peers.
More information on Phillip Capital Management's award-winning funds can be found here.
PhillipCapital's Chairman Receives SGX Special Achievement Award
14 September 2009 – PhillipCapital congratulates our Chairman, Mr. Lim Hua Min, on receiving the SGX Special Achievement Award.
Mr. Lim Hua Min, Chairman of the PhillipCapital group of companies, was honoured for spearheading innovation in the securities and derivatives industry through the member companies of PhillipCapital. In October 1996, Phillip Securities pioneered the launch of the first multi-asset class online trading platform (POEMS) in Asia. The securities arm of the group was also the first to set up retail investor centres in Singapore. In 2003, PhillipCapital was the first to introduce Contracts for Difference (CFD) to Singaporean investors.
PhillipCapital continues to bring innovative products and services to the investing public in order to offer our clients more choices in their investments and trades. We are also committed to the continuous education of our clients so that they are able to make informed investment and trading decisions.
We would like to thank the clients of PhillipCapital for your continuous support of our products and services.
Funds and securities of Phillip Securities’ clients are not commingled with company’s assets
03 December 2008 – We would like to inform our clients that Phillip Securities keeps clients’ funds in a trust account, which are not commingled with its own house funds. Clients’ securities in Phillip Securities’ custody are maintained in client segregated accounts, with Singapore-listed shares being kept in separate individual CDP sub-accounts for each client. This is in accordance with section 104 of the Securities and Futures Act (‘SFA”) which requires that a CMS licence holder handle clients’ moneys and assets in line with regulations prescribed by the MAS. In addition, section 104A of the SFA provides that clients’ moneys and assets cannot be used for payment of the CMS licence holder’s debts.
PhillipCapital Investor Focus – Bring Your Investment to a New Frontier Roadshow & Seminars
28 October 2008 – Our roadshow was held at Chevron House, Raffles Place from 13 to 17 Oct 2008. This time, we showcased some of our popular financial products and services such as Contracts for Difference (CFD), Futures, Currencies & Commodities, Phillip On-line Electronic Mart System (POEMS) and Unit Trusts and Exchange Traded Funds (ETF). Clients can enjoy exciting promotions such as giveaways, premium gifts, sure win lucky dip and of course, the Grand Draw which was the main highlight of this event.
We also managed to draw more than 100 participants to register for our seminars held on 18 Oct 2008 and 19 Oct 2008 respectively. Most participants left the seminars with valuable product knowledge and useful investment advice and tips by our fund houses experts from Liffe, Fidelity, Lyxor and Société Générale.
Click here to view the event photos.
Click here to view our Grand Draw winner.
Phillip Money Market Fund does not hold equity or debt directly related to Lehman Brothers, Merrill Lynch or AIG.
18 September 2008 – We would like to inform investors that Phillip Money Market Fund does not hold equity or debt directly related to Lehman Brothers, Merrill Lynch or AIG. More than 45% of our portfolio is currently in Cash and overweight in Singapore government bonds. We will continue to monitor the economic situation closely and inform our clients accordingly. Should you have further queries, please contact your sales representative or our Hotline at 6531 1555.
Joint Media Release: PhillipCapital and AmFraser Securities launch industry’s first retail allocation reports on ETFs, with SGX support
24 July 2008 – We are pleased to launch industry's first retail allocation reports with AmFraser, with SGX's support. The report aims to provide investing public macro overviews and performance analyses of selected underlying markets of SGX-listed ETFs, with recommended ETFs for diversification purpose.
To read the ETF Report, please click here.
To read the press release, please click.
Embark on Your Financial Journey with PhillipCapital – Roadshow & Seminars
22 May 2008 – Various investment products like Unit Trusts, Phillip Managed Accounts, Phillip GEMS Accounts and Phillip Capital Management were showcased during this roadshow from 15 to 18 May 2008. Most investors are able to find out which investment products suit them best.
On the other hand, our resident experts and distinguished speakers from Fidelity, Henderson Global Investors and UOB Asset Management shared their valuable insights on the market outlook and how investors can ride out the market uncertainties during our seminars from 17 to 18 May 2008. Click here to view the event photos.
OTC Capital stock prices are now available on Reuters 3000 Xtra
16 May 2008 – This is a result of the new exemption granted by Monetary Authority of Singapore. Under this exemption, Phillip Securities Pte Ltd (a member of PhillipCapital) can now post prices of securities traded on OTC Capital on the system networks of Bloomberg and Reuters.
“The availability of OTC stock prices on Reuters 3000 Xtra provides investors and potential investors with another easy access to information on current prices and trading volumes of securities quoted on OTC. This should also boost the profiles of our OTC quoted companies.” said Mr Loh Hoon Sun, Managing Director of Phillip Securities Pte Ltd.
OTC Capital stock prices are now available on Bloomberg Terminal
17 Apr 2008 – This latest progress is a result of the new exemption granted by Monetary Authority of Singapore. Under this exemption, Phillip Securities Pte Ltd (a member of PhillipCapital) can now post prices of securities traded on OTC Capital on the system networks of Bloomberg and Reuters.
“This new development marks another milestone for OTC Capital. With OTC stock prices on Bloomberg Terminal, it will definitely raise the profiles of OTC Companies. We also foresee that more investors as well as potential investors will be aware of OTC Capital and recognise its growth potential.” said Mr Loh Hoon Sun, Managing Director of Phillip Securities Pte Ltd.
PhillipCapital's first investor hub
22 Feb 2008 - Adopting a clubhouse concept, Phillip Investor Hub aims to bring our wide array of financial services nearer to the heartland and enhances consumer convenience with our seven-day service and extended operating hours. To view some photos of our Phillip Investor Hub, please click here
Straits Times Index (STI) unavailable wef 10 Jan 2008
08 Jan 2008 - Please be informed that the revamped STI as well as the other 18 new indices of the FTSE ST Index Series, expected to go live on 10 Jan 2008, will not be available in all POEMS trading platforms, our trading representatives' terminals and Phillip corporate website wef 10 Jan 2008 until further notice.
Meanwhile, the FTSE STI data can be obtained from other sources such as Reuters, Bloomberg, SGX and Yahoo! Finance websites.
Phillip Securities is appointed first distributor of Eurizon Capital funds in Singapore
21 Nov 2007 - Phillip Securities will distribute 7 of the Eurizon Capital funds launched in Singapore, which will be available to accredited investors. The funds, recognised by the Monetary Authority of Singapore under the restricted scheme, are domiciled in Luxembourg. Eurizon Capital is fully owned by Intessa SanPaolo, the leading banking group in Italy.
Mr. Lim Hua Min, Executive Chairman of Phillip Securities, underlined that, "with this partnership, PhillipCapital broadens the fund offerings on our platform (which currently stands at about 400 funds) to our customers, providing them with more choice. It also presents an opportunity for us to introduce an important European player to our clients in Singapore."
Let your investments take flight with PhillipCapital - Roadshow & Seminars
22 Oct 2007 - From 18 - 21 Oct, Investors mingled with our advisers and learnt how they could beef up their investment portfolios with products like Contracts for Difference (CFD), Unit Trust and Stocks, or to simply entrust their investments to the professionals with managed accounts. During our 2-day weekend seminars, we invited speakers from prominent fund houses like Fidelity, UOB Asset Management and Henderson Global Investors, in addition to our own in-house experts who shared their views on where the potentials in the market lie. Click here to view the event photos.
PhillipCapital’s Windows of Opportunities Roadshow and Seminar was held from 20 - 26 April 2007.
1 May 2007 - A wide array of investment products like Unit Trust, Contracts for Difference (CFD), Treasury Bills, Futures, Forex and Stocks and Shares were featured to allow investors to learn more about the various investment opportunities available to them. Talks by resident experts also helped investors understand more about the current investment climate and how they are able to utilise the available products and services to make the most of their investments.
Click here for more information
Online Sale of Singapore Government Treasury Bills
18 Jan 2007 - Phillip Securities Pte Ltd, a member of PhillipCapital, is the first in Singapore to launch the online sale of Singapore Government Treasury Bills (T Bills), via its Internet trading platform – Phillip’s Online Electronic Mart System (POEMS). Retail investors can now buy/sell this low risk, high interest investment product at a mouse click away, with a minimum investment of $1,000.
T Bills are basically securities issued by the Singapore government. They work like a savings product, similar to Fixed Deposits, which reward the investors with interest rates at the end of an agreed term. For people who are looking for a short-term investment that provides a good yield, T Bills are good choice as they provide higher interest rate than simple Fixed Deposits.
Launch of OTC Capital
27th July 2006 – OTC Capital, a market making trading platform for the shares of unlisted Singapore companies. It allows companies to raise new capital in a relatively cost-effective manner. Companies that use OTC to raise funds and allow secondary trading of their shares are only quoted and dealt in OTC and are subject to the admission criteria, continuing obligations and requirements that are set out in the OTC Trading Rules.
This also allows investors, who need not to be in the league of Venture Capitalists or Private Equity Firms to invest in unlisted securities via the OTC Trading Platform. This platform allows smaller investors to diversify into riskier assets such as unlisted securities and this allows for greater diversification in asset allocation for investors.
International Factors (Singapore) Ltd Change of Name to IFS Capital Limited
26th April 2006 – In a move to reflect the diverse range of activities carried out by the Group, International Factors (Singapore) Ltd has changed its name to IFS Capital Limited. While factoring remains a core activity, the Group is also involved in working capital loans, hire purchase, leasing and machinery loans as well as investments. It has further diversified in the last few years into credit insurance and guarantee, mezzanine capital and structured finance, as well as cross border loans and finance. A name change is thus appropriate to reflect its diversity. The new name, IFS Capital Limited retains the historical brand name, IFS, as well as identifies with its growing diversification into other services.
ECICS Management Pte Ltd Change of Name
7th April 2006 – ECICS Management Pte Ltd has announced its name change to Phillip Private Equity Pte Ltd.
PhillipCapital to offer RHB multi-exchange trading platform
1st July 2005 - PhillipCapital has entered into an agreement with RHB Securities Sdn Bhd, the stockbroking arm of RHB Group, to provide their clients the facility of a multi-exchange trading platform via Phillip's Online Electronic Mart System (POEMS).
The service empowers RHB Securities' clients to have a choice in multiple markets trading, offering them the opportunity of seeking potentially higher returns in international stock markets as well as widening their risk management options via greater diversification of equity portfolios.
"The 'modus operandi' between us and Phillip Securities is seamless via an internet platform base compared to the broker assisted method. Speed of execution and confirmation is tremendously improved. It is similar to using our current Bursa Malaysia "Broker Front End" system, in which a dealer takes an order from a client, executes and confirms electronically," RHB Securities chief executive officer, Dr Zaha Rina Zahari said.
PhillipCapital ties up with Japan broker Aizawa
1st December 2004 - PhillipCapital signed an agreement to provide Japanese brokerage firm, Aizawa Securities, the CqConnect order-routing system that will allow Aizawa's clients to trade online real-time in additional five markets from June 2005, adding Malaysia, Singapore, Thailand, U.K. and U.S. to its existing portfolio which currently include Korea, Taiwan and Hong Kong.
Dongwon Securities Co. Ltd. (Korea), Polaris Securities Co. Ltd. (Taiwan), Tai fook Securities Co. Ltd. (Hong Kong), which currently use Aizawa Securities' on-line trading service, will also participate in the online trading through CqConnect. Aizawa's president, Mr. Shuzo Yoshida, said that this service will eventually be extended to Brazil, Russia, China and India. Mr. Yoshida expects the overseas online turnover to rise at least 50 percent with this tie-up.
Representing PhillipCapital at the signing is Executive Chairman, Mr. Lim Hua Min. "We're looking at the long-term implications of exposing both our markets to each other," Mr Lim said. "While costs are low, the benefits from a global link-up are tremendous. A company that becomes a member of the CqConnect family will gain immediate access to 9 countries and 11 major exchanges, representing a significant volume of the world's equity business."
Copyright © 2012. Brought to you by Phillip Securities Pte Ltd. Company reg No. 197501035Z. (A member of PhillipCapital). All Rights Reserved.



