Great Eastern
Great Eastern names OCBC director Andrew Khoo as chairman-designate
He assumes the chairmanship on Apr 15, succeeding incumbent chair Soon Tit Koon
OCBC chief Tan Teck Long’s new strategy is a masterstroke, but execution risks abound
While his ‘Next Frontier’ plan looks good on paper, it must survive contact with operational reality
Great Eastern expands focus on HNW segment with new offerings
The launch of Great Eastern Private comes as wealth transfers gather pace across Asia amid heightened geopolitical and market uncertainty
Great Eastern posts 79% jump in Q4 profit to S$241.4 million, boosts HNW focus
The board proposes final dividend of S$0.30 per share for the financial year ended December
Singapore insurers brace for 2026 as medical inflation climbs and IP rules tighten
Despite challenges, longer-term demographic and wealth trends remain supportive, observers say
SGX’s initiatives, Great Eastern’s annual run raise almost S$3 million
Beneficiaries include children with special needs, seniors and lower-income households
Stocks to watch: Keppel, Great Eastern, MIT, Hong Leong Asia, CLCT, Starhill Global Reit
[SINGAPORE] The following companies saw new developments that may affect trading of their securities on Thursday (Oct 30):
Great Eastern Q3 net profit up 36% at S$372 million amid higher new business embedded value
Growth is driven by robust results from shareholders’ fund segment, which is up 45% on the year for the nine months ended Sep 30
Great Eastern up 2.7%, hits highest price since trading resumption during market hours
Insurer’s shares were suspended in July 2024 after its free float fell under 10% following a failed takeover bid by its parent OCBC
Great Eastern sets sights on expanding high-net-worth capabilities, doubling new business value
The listed insurer is looking to capitalise on Asia’s unprecedented wealth creation
