Just completed $1.88 billion reverse takeover exercise by a Sinar Mas related entity
Name change effective 21st April 2015
Reverse Take Over (RTO) completed 20th April 2015
New business will now focus on
1. Coal mining
2. Forestry
3. Trading businesses of GEAR post-RTO
226.5 million share placement will be conducted
🚨 𝐃𝐁𝐒 𝐣𝐮𝐬𝐭 𝐛𝐫𝐨𝐤𝐞 𝐭𝐨 𝐚 𝐧𝐞𝐰 𝐡𝐢𝐠𝐡… 𝐛𝐮𝐭 𝐎𝐂𝐁𝐂 &
𝐔𝐎𝐁? 𝐍𝐨𝐭 𝐪𝐮𝐢𝐭𝐞 𝐭𝐡𝐞 𝐬𝐚𝐦𝐞 𝐬𝐭𝐨𝐫𝐲.
-
Big moves are happening in the Singapore banking space.
*DBS is on fire — breaking to new highs.*
But *OCBC and UOB?* They're… well, not quite ke...
2 days ago