The Business Times
business-time-50

DBS to redeem all S$800m in preference shares

Published Tue, Sep 29, 2020 · 09:50 PM

Singapore

DBS on Tuesday announced that it will redeem all of its S$800 million outstanding preference shares on Nov 23.

The redemption price will be an amount equal to the liquidation preference of S$100 per preference share, together with any accrued but unpaid dividends - whether or not declared - to (but excluding) the redemption date, said the lender in a regulatory filing.

DBS

TRENDING NOW

Anthony Lim, who will be taking over as chairman, spent 19 years at Singapore’s sovereign wealth fund GIC.

Things to know about DBS’ incoming chairman Anthony Lim

The dividend per share declared by DBS for Q3 2026 comprises an ordinary dividend of S$0.66 and a capital return dividend of S$0.15.

DBS eyes prime brokerage business as Q3 profit falls 5% on weaker trading income

Casa Mett was to have opened in early 2027 at 21 Cuscaden Road, where Ming Arcade used to stand.

Royal Group and Sunset Hospitality abandon plans to open Casa Mett hotel off Orchard Road

Former minister George Yeo bought 100,000 shares in agri-business Wilmar International from the open market at $2.97 each on Nov 4.

George Yeo adds 100,000 Wilmar shares at S$2.97 apiece, taking stake to over 1 million shares

Latest T-bills Treasury Bills Results & Interest NewsLatest SSB Singapore Savings Bonds NewsLatest COE Certificate of Entitlement News
Latest Johor-Singapore SEZ NewsLatest BTO Build To Order & Sales of Balance NewsLatest STI Straits Times Index NewsLatest SGX Dividends, Share Price NewsLatest Bonds Market NewsLatest Singapore Stocks To Buy NewsLatest Singapore Economy News
View More