Asset Acquisitions and Disposals::INCREASE IN SHAREHOLDING IN GREAT EASTERN HOLDINGS LIMIT...
Asset Acquisitions and Disposals::INCREASE IN SHAREHOLDING IN GREAT EASTERN HOLDINGS LIMITED Issuer & Securities
Issuer/ ManagerOVERSEA-CHINESE BANKING CORPORATION LIMITED
Securities OVERSEA-CHINESE BANKING CORP - SG1S04926220 - O39 Stapled Security NoAnnouncement Details
Announcement TitleAsset Acquisitions and Disposals
Date & Time of Broadcast 01-Jul-2016 17:08:12 Status NewAnnouncement Sub Title INCREASE IN SHAREHOLDING IN GREAT EASTERN HOLDINGS LIMITED
Announcement Reference SG160701OTHR9L07 Submitted By (Co./ Ind. Name) Peter Yeoh 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, 611,800 shares at
$20.59 per share in Great Eastern Holdings Limited ("GEH") for a total gross consideration of $12.6 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 87.60% to 87.73%.
Issued by
Oversea-Chinese Banking Corporation Limited
Singapore 1 July 2016
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OCBC - Oversea-Chinese Banking Corporation Ltd. published this content on 01 July 2016 and is solely responsible for the information contained herein.
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Original documenthttp://www.ocbc.com/assets/pdf/Major Regulatory/2016/2016 07 01 Increase in Shareholding in GEH.pdf
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