OCBC’s offer to buy the remaining shares of Great Eastern from minority investors is “not fair but reasonable”, said independent financial adviser Ernst & Young Corporate Finance on June 14. Read more ...
OCBC’s final offer of $25.60 for GEH is ‘not fair but reasonable’ says EY; advises shareholders to accept
EY advises shareholders to accept the offer, or sell their shares if they can offer a higher price than the offer price.
Great Eastern Adviser Supports OCBC’s $1 Billion Takeover Bid
Great Eastern Holdings Ltd.’s independent financial adviser said it supports a S$1.4 billion ($1 billion) offer by Oversea-Chinese Banking Corp. to take full control of the Singapore-based insurer.
OCBC privatisation deal for Great Eastern is not fair but reasonable, says IFA
In response to the offer, the Securities Investors Association (Singapore) commended OCBC for its proactive response to feedback from minority shareholders of GEH. Meanwhile, former remisier Ong Chin ...
Income Insurance and Allianz hold ‘transaction’ talks, latest possible Singapore insurance M&A
This news follows OCBC’s $1.4 bil offer to fully acquire Great Eastern, and Sumitomo’s acquisition of Singlife.
Singapore’s Great Eastern asks shareholders to accept OCBC’s $1 bln offer
June 14 (Reuters) - Singapore's Great Eastern Holdings on Friday asked its shareholders to accept a S$1.4 billion ($1.03 billion) offer from Oversea-Chinese Banking Corp to buy the remaining stake in ...
Singapore’s Income Insurance in talks with Allianz on potential deal, no details
Singapore's Income Insurance Ltd said on Friday it is in talks with Allianz about a possible tie-up, saying only that any potential deal related to its shares. The statement suggests Allianz could ...
Bars, restaurants in Singapore gear up for Euro 2024 crowds
SINGAPORE: Football fever is set to hit Singapore this weekend as Euro 2024 kicks off in Germany, with food and beverage (F&B) outlets gearing up for the crowds during the month-long tournament from ...
Singapore stocks book net retail inflow of S$1.01 billion year to date, see significant bank outflows in Q2
SINGAPORE stocks booked net retail inflow of S$1.01 billion in the 2024 year to Jun 13, with significant bank outflows in the second quarter. Read more at The Business Times.
Allianz Is Said to Weigh Deal With Singapore’s Income Insurance
Allianz SE and Singapore-based Income Insurance Ltd. are in talks about a possible tie-up, people familiar with the matter said.
Singapore’s Ship-Fuel Sales Surge as Global Trade Flows Jolted
(Bloomberg) -- Ship-fuel sales in Singapore rose, with an increasingly large fleet of vessels calling at the hub as tensions in the Red Sea snarl global trade. Most Read from Bloomberg Wells Fargo Fires Over a Dozen for ‘Simulation of Keyboard Activity ...
All the convicts in Singapore’s S$3 billion money laundering case have been sentenced. What now?
With punishment meted out to the 10th and last offender, CNA's Lydia Lam ties together the multiple strands of an episode that has attracted global interest. ( read original story ...)
Benefits Of Playing Crypto Casinos In Singapore: All You Need To Know
With the change in technology, crypto casinos in Singapore have made a significant impact on online gambling. Playing at crypto casinos offers numerous benefits that set them apart from their ...
Singapore shares fall amid mixed regional showing; STI down 0.8%
Regional markets were mixed. Japan’s Nikkei 225 rose 0.2 per cent and the Kospi in South Korea added 0.1 per cent while Hong Kong’s Hang Seng fell 0.9 per cent. Australia’s bourse recorded its worst ...
Singapore man finds “relief” after ending things with longtime GF who became “money-minded”
The man bought her a brand new iPhone, a staycation and an expensive meal for her birthday, but she demanded a hairdryer worth $600 too.
GEH-OCBC offer update: no requirement to announce level of acceptances
Additionally, OCBC would be required to announce the level of acceptances of the offer by 8.00am on the market day immediately after the day on which the offer is due to expire, is revised or is ...