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The following companies saw new developments that may affect trading of their securities on Tuesday (Jun 24): OCBC: The lender on Monday said it has no intention to convert its Class C…
OCBC exit offer is final; it does not plan to launch another offer in the foreseeable future OCBC said it has “no intention” to convert its Class C non-voting shares in Great Eastern to…
The following companies saw new developments that may affect trading of their securities on Monday (Jun 23): OCBC: The lender has committed more than RM11 billion (S$3.3 billion) in…
Over the five trading sessions from Jun 6 to 12, institutions were net sellers of Singapore stocks with net institutional outflow of S$80 million, following the S$32 million net outflow…
More than 1,000 outage reports are lodged on tracking site Downdetector from around 11 am Customers of OCBC experienced difficulties making payments via the bank’s mobile app and Internet…
The following companies saw new developments that may affect trading of their securities on Tuesday (Jun 10). OCBC: Independent directors of Great Eastern Holdings (GEH) are recommending…
The following companies saw new developments that may affect trading of their securities on Monday (Jun 9). OCBC: The bank has made a S$900 million conditional exit offer at S$30.15 per…
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…
The following companies saw new developments that may affect trading of their securities on Friday (Jun 6). OCBC: The bank’s insurer, Great Eastern, seeks to delist through OCBC exit offer…
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 global effort to combat climate change has faced significant headwinds in recent years. Under the Trump administration, the US withdrew from the Paris Agreement, a landmark…
Tie-up taps the bank’s presence and knowledge of SMEs and customer franchise in Indonesia, and Ant International’s capabilities in alternative data modelling, dynamic credit strategy and…
A consortium led by Hong Leong Holdings has secured a S$692 million green loan to finance the development of Tengah’s first nature-centric private mixed-use residential project. DBS, the…
In the first five months of 2025, 63 primary-listed Singapore companies conducted share buybacks through open market acquisitions, spending a total of S$930 million – an 84 per cent jump…
The following companies saw new developments that may affect trading of their securities on Wednesday (May 28). OCBC: The bank announced on May 27 key leadership changes to its global…
As OCBC reaches the deadline for its three-year target to achieve S$3 billion in incremental revenue by 2025, it is setting its sights on staying resilient in an increasingly uncertain…
OCBC is keeping its financial targets for 2025, but noted that its loan growth guidance of a mid-single digit will likely see the most headwinds, especially if the market continues to be…
The local banking trio have taken extra allowances in their first-quarter 2025 results amid a rise in uncertainty in the macroeconomic environment. DBS, OCBC and UOB each said this was a…
OCBC’s net profit for the first quarter fell on lower net interest income and higher operating expenses. Net profit for the three months ended March 31, 2025 stood at S$1.88 billion,…
Shares of DBS, OCBC and UOB have rebounded since the announcement of US President Donald Trump’s reciprocal tariffs on Apr 2 sent shockwaves through the markets and triggered a massive…
It will be a fallacy to say that OCBC does not know the insurance business, given that its insurance arm, Great Eastern Holdings (GEH), has been associated with the banking group for the…
The zone will enable the banks with networks that are entrenched in the two markets to gain from stronger investment flows AMONG the trio of local banks, OCBC and UOB are expected to stand…
