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Aberdeen sells its stake in Wing Hang to OCBC

OCBC moves closer to full takeover with shares from 3rd largest shareholder

Published Thu, Jul 24, 2014 · 10:00 PM
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ABERDEEN Asset Management plc, the third biggest shareholder in Wing Hang Bank Ltd, agreed to sell its shares in the lender to Oversea-Chinese Banking Corp (OCBC), moving the Singaporean buyer closer to a full takeover.

"We've tendered" the entire stake that A…

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