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Broker's take: Citi 'positive' on OCBC over reportedly dropped Bank Permata bid

Published Fri, Nov 15, 2019 · 03:22 AM

CITI Investment Research on Friday sees a "positive" on OCBC, following a report from Bloomberg that Singapore's second-largest bank has decided against making an offer for Bank Permata.

"We see this as positive for the stock as we had previously opined that an Ind…

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Singapore banks

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Companies & Markets

Companies & Markets

Broker's take: Citi 'positive' on OCBC over reportedly dropped Bank Permata bid

KEYWORDS IN THIS ARTICLE

Companies & Markets

Meta releases early versions of its Llama 3 AI model

Seatrium unit ordered to pay US$108 million in arbitration over equipment supply contracts

TSMC estimates losses of US$92.4 million due to Taiwan earthquake

Marina Bay Sands Q1 profit surges 51.5% to US$597 million on tourism boom

US: Wall St opens higher as some chip stocks bounce back after selloff

Valuations for office Reits lag counterparts, but re-rating may face uncertainty

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