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Focus now on fund-raising options for Wing Hang deal

Funding for OCBC's S$6.2b offer involves equity raising
Thursday, July 31, 2014 - 06:00

[SINGAPORE] All eyes are now on fund-raising options for OCBC, which is set to fully take over Wing Hang Bank. The attention comes as OCBC secured 97.5 per cent of Wing Hang at the close of its offer on Tuesday. Because the percentage of acceptances of its offer crossed the 90 per cent mark,