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Wing Hang may dive if bid is hindered

Under HK rules, OCBC needs 90% of shares to delist firm

SHARES of Wing Hang Bank Ltd, a Hong Kong lender being taken over by Oversea-Chinese Banking Corp, could fall as much as 40 per cent if OCBC doesn't garner enough stock to delist the company, Credit Suisse Group AG said.

Under Hong Kong rules, Singapore-based OCBC needs to own at least 90...

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