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
Frasers Property H1 profit slides 81% on property value losses, lower residential contributions
US bill to restrict WuXi AppTec, Chinese biotechs revised to give more time to cut ties
Barclays cuts jobs in energy transition team it only just built
UMS Holdings Q1 net profit drops 44% to S$9.8 million
SIA Engineering H2 profit rises 11.5% to S$37.8 million on robust aviation MRO demand
Great Eastern shares jump 39% as OCBC mounts S$1.4 billion privatisation bid at S$25.60 per share