SUBSCRIBERS
OCBC sticks to Wing Hang offer price
Published Tue, Jul 15, 2014 · 10:00 PM
OVERSEA-CHINESE Banking Corporation is sticking to its guns and will not raise its offer price for Wing Hang Bank.
In a filing to the Singapore Exchange after the market closed yesterday, OCBC said that its offer price for Wing Hang remained at HK$125 per share.
Wing Hang closed 0.08 per cent higher at HK$125.20 yesterday, while OCBC closed eight cents higher at $9.56.
BT is now on Telegram!
For daily updates on weekdays and specially selected content for the weekend. Subscribe to t.me/BizTimes
Companies & Markets
Keppel prices 70 million euros of floating-rate notes due 2031
Mixed trading in Asia as investors watch for further macro data; STI down 0.2%
Shareholders raise questions over dividend payout, directors’ salaries at Best World AGM ahead of proposed privatisation
China’s Bank of Communications Q1 profit rises 1.44%
Huawei’s smart car tech offers automakers route to China sales
Electrolux Q1 loss nearly triples on weak demand but beats expectations