, Singapore
768 views
Photo by Terence Ong via Wikimedia Commons.

OCBC buys more Great Eastern shares for S$39.9m

OCBC now owns 88.4% of its subsidiary’s shares.

Oversea-Chinese Banking Corporation (OCBC) has purchased an additional 2,345,800 shares at Great Eastern Holdings, at a total cash consideration of S$39.9m.

In an SGX filing, OCBC said that the shares were priced at S$16.99 each.

OCBC now owns 88.4% of Great Eastern’s total shares, from 87.9% previously.

Follow the links for more news on

Join Singapore Business Review community
Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Strides Premier enhances routing with Autofleet tech
The Singaporean taxi operator will utilise Autofleet’s platform to improve route planning and dispatching.
RGE and Singapore Fashion Council launch ‘Responsible Fashion Scholarship’
It is open for Singaporean citizens or permanent residents in full-time undergraduate or postgraduate programs at recognized institutions.
HR & Education