SINGAPORE, 21 July 2020 –  Phillip Securities, the brokerage arm of PhillipCapital has  announced the release of an online Discovery module, a new service that uses AI technology to match trading opportunities of the top listed companies of the world to investors using its online trading platform, POEMS.   This new feature, completely AI driven with no human intervention, is made possible through the multifaceted algorithms designed by Phillip Securities’s data science team. Investors can use this new tool to discover trading opportunities and learn about new stocks, saving them valuable time. “We want investors to seize good trading opportunities. We

SINGAPORE, 29 June 2020 – Phillip Securities Pte Ltd (“Phillip Securities”) today announced that it has entered into a conditional share purchase agreement with RHB Investment Bank Berhad (“RHBIB”) of Malaysia for the acquisition of its Singapore stock broking businesses in RHB Securities Singapore Pte. Ltd. (“RHBSS”) (“Proposed Transaction”).  RHBIB is a wholly-owned subsidiary of RHB Banking Group (“RHB” or “Group”) in Malaysia. The Proposed Transaction entails the acquisition by Phillip Securities of RHBIB’s entire equity interest in RHBSS, a wholly owned-subsidiary of RHBIB.  Under the Proposed Transaction, Phillip Securities will only be acquiring RHBSS’ stock broking business. The acquisition will

PHNOM PENH – The highly-anticipated merger between Phillip Bank and Kredit MFI has received final approval from the National Bank of Cambodia and the Ministry of Commerce, paving the way for a major consolidation in Cambodia’s banking industry and creating the third largest commercial bank branch network in the country. The new entity will operate as Phillip Bank and will bring together a combined workforce of more than 2000 staff, honouring a commitment from Phillip Bank management that no staff from either Phillip Bank or Kredit would be retrenched following the merger. The merged Phillip Bank has 89 branches across