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Thursday, May 9, 2024

Great Eastern - Ocbc is offering yo take over Great Eastern Privately and the offer price of 25.60. Representing 36.9 percents abive current price of 18.70. Congrats for all shareholders!

 According to a May 10 statement, this will strengthen OCBC’s business pillars of banking, wealth management and insurance, and optimise its capital to enhance shareholder returns. 






The offer price of $25.60 represents a 36.9% premium over GEH’s last traded price of $18.70 and premiums of 38.6%, 40.0% and 42.4% over the one-month, three-month and 12-month periods up to and including the last trading date of May 9. 

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