What’s the impact of a partial sale of Great Eastern’s Malaysian ops on OCBC?
20 Sep 2017, 03:02 pm
SINGAPORE (Sept 20): A 30% divestment of Great Eastern Holdings’ Malaysian operations would have minimal impact on Oversea-Chinese Banking Corp.
There would however be some value unlocked to GEH’s and OCBC’s shareholders, says DBS Group Research in a Wednesday report.
According to media reports, Great Eastern is reportedly looking to sell... (Click here to read the full story.)
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