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As OCBC makes a conditional exit offer of S$900 million at S$30.15 per share to Great Eastern Holdings’ (GEH’s) shareholders, The Business Times takes a look at the background to the deal.…
OCBC’s latest exit offer for Great Eastern is more attractive than its initial privatisation bid, but it still remains to be seen if the insurer will be delisted, given that the decision…
OCBC has made a S$0.9 billion conditional exit offer at $30.15 per share for the 6.28 per cent stake in Great Eastern it does not own, in a bid to delist the insurer. The offer, which OCBC…
OCBC has made a S$900 million conditional exit offer at S$30.15 per share for the 6.28 per cent stake in Great Eastern it does not own, in a bid to delist the insurer. The offer, which…
The offer is expected to be fair and reasonable in accordance with Singapore’s listing guidelines Great Eastern is considering options that include a plan to delist via an offer by OCBC,…
It will update shareholders on the finalised proposal shortly, no later than Jun 8 Great Eastern Holdings has been granted yet another extension of time to comply with free float…
Great Eastern on Thursday (May 8) posted a 13 per cent year-on-year increase in profit to S$345.5 million for the first quarter ended March, versus S$306.7 million previously. This was…
THE following companies saw new developments that may affect trading of their securities on Tuesday (Feb 25). Great Eastern: The insurance provider on Tuesday reported a net profit of…
The breathing room Great Eastern and OCBC now have to address the insurer’s free float stretches beyond the likely dates of their upcoming AGMs When Great Eastern announced late last…
The army in Sudan says it has captured a key city in the country's east, one of its biggest gains yet in an almost two-year-long war against rebel forces. Footage on social media showed…
Planned protests organized by an alliance of activists have begun ahead of the far-right Alternative for Germany (AfD) two-day party conference, which kicks off Saturday morning in the…
KINSHASA, Congo (AP) — More than 100,000 people have been displaced since the start of the year in eastern Congo as a result of a new rebel offensive, according to a United Nations report…
Workers trying to dismantle the partially collapsed Carola bridge in the eastern German city of Leipzig have found an unexploded bomb, most likely dating back to World War II, police said…
Aidan Monaghan/Focus Features To create the dreadful world of Nosferatu, production designer Craig Lathrop designed and built some 60 sets in Prague, many of them based on real places in…
Russian attackers and Ukrainian defenders have once again engaged in fierce battles over the strategically important city of Pokrovsk in eastern Ukraine. The General Staff in Kiev said in…
MORONI, Comoros (AP) — The French territory of Mayotte in the Indian Ocean has suffered extensive damage from Cyclone Chido, officials said Saturday, as the storm roared toward the east…
HARARE, Zimbabwe (AP) — Southern African leaders resolved Wednesday to extend for another year the presence of regional troops deployed to fight rebels in conflict-torn eastern Congo, and…
The Russian military has once again tried to break through the Ukrainian lines of defence around the town of Kurakhove on the edge of Ukraine's eastern Donbass region. Of a total of 108…
This is driven by contributions from its insurance business and favourable investment performance from shareholders’ funds GREAT Eastern posted a 52 per cent year-on-year increase in net…
Heavy fighting has been reported from parts of the front in eastern Ukraine, the general staff in Kiev said Sunday. A total of 110 Russian attacks were reported Sunday, the generals said…
The commander of the German Army brigade that is to be stationed in Lithuania said plans for the large-scale troop deployment are progressing well. Brigadier General Christoph Huber, the…
GREAT Eastern Holdings now has until Jan 24, 2025, to explore options to comply with free float requirements under the Singapore Exchange’s (SGX) listing rules. The insurer had made an…
CHINA Eastern Airlines is pulling its twice-weekly flight from Wenzhou to Madrid at the end of this month as the country’s aviation officials crack down on subsidies underpinning…
German Chancellor Olaf Scholz says more people from the former East Germany should have senior posts in the nation's company boardrooms. The proportion of those in such jobs "can be…
