Asset Acquisitions and Disposals::Increase in shareholding in Great Eastern Holdings ...
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Asset Acquisitions and Disposals::Increase in shareholding in Great Eastern Holdings Limited Issuer & Securities
OVERSEA-CHINESE BANKING CORPORATION LIMITED
Securities OVERSEA-CHINESE BANKING CORP - SG1S04926220 - O39
Stapled Security No
Asset Acquisitions and Disposals
Date & Time of Broadcast 17-Aug-2017 17:07:26
Announcement Sub Title Increase in shareholding in Great Eastern Holdings Limited
Announcement Reference SG170817OTHRL9BA
Submitted By (Co./ Ind. Name) Sherri Liew
Designation Company Secretary
Description (Please provide a detailed description of the event in the box below)
Pursuant to Rule 704(17)(d) of the Listing Manual, Oversea-Chinese Banking Corporation Limited ("OCBC Bank") wishes to announce that it has purchased, on a willing buyer willing seller basis, 685,400 shares at S$24.90 per share in Great Eastern Holdings Limited ("GEH") for a total gross consideration of S$17.07 million in cash. GEH is a subsidiary company that is listed on the Singapore Exchange.
The purchase has increased OCBC Bank's shareholding in GEH from 87.75% to 87.90%.
Issued by Oversea-Chinese Banking Corporation Limited Singapore
17 August 2017
OCBC - Oversea-Chinese Banking Corporation Ltd. published this content on 17 August 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 17 August 2017 09:36:02 UTC.