Great Eastern Holdings Limited (SG:G07) has released an update.
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Oversea-Chinese Banking Corporation Limited, through J.P. Morgan Securities Asia Private Limited as its financial adviser, has launched a bid to acquire all issued ordinary shares of Great Eastern Holdings Limited, excluding those it already owns. This voluntary unconditional general offer, announced on May 10, 2024, is aligned with Singapore’s securities regulations. Additionally, recent dealings by associated entities were disclosed, complying with the Singapore Code on Take-overs and Mergers.
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