OCBC Bank    Last:24.53   -

preparing for 2022 the next rise in ocbc share

chartistkao1      ( Date: 18-Nov-2021 10:52) Posted: BUSINESS TIMES: TUESDAY, 13.7.04 Pg- 2 I OCBC sells its stake in Raffles Investments Ex-chairman Tan Chin Tuan paying $121.7m for it By Andrea Tan [SINGAPORE] OCBC Bank is selling its 49.8 per cent stake in Raffles Investments Ltd (RIL) for $121.7 million to its former chairman Tan Chin Tuan. Aequitas Pte Ltd, con- trolled by Mr Tan and his family, is offering $51.70 per RIL share or at a 1.17 per cent cliscount to its adjusted net asset value (NAV) of $52.31 as at end 2003. Exclud- ing 2003' s dividend of $1.60 per share from the NAV, the offer price is 1.95 per cent above its adjusted NAV. This move would make OCBC $52.8 million richer for the year ending Decem- ber 2004. It could be for old times' sake that Mr Tan and his 1 family are making the offer. I " As the family of Tan Sri , Tan Chin Tuan has been as- sociated with the company for over 50 years, the offeror is increasing its stake ... to retain it as an investment company, as an alternative to liquidation," Aequitas said. Mr Tan' s grand-daugh- ter Chew Gek Khim is a di- rector of RIL. RIL' s princi- pal activity is investment holding after disposing of its main asset - its 43.33 per cent stake in Raffles Hotel (1886), which, in turn, owns the famous landmark. A few minority shareholders had objected to the deal late last year, as they deemed the price too cheap, claiming a higher bid of $58 million. They lost. " We are not required to divest Raffles Investments under the Monetary Au- thority of Singapore' s guidelines. This disposal is in line with our on-going initiative to dispose of non- core assets," an OCBC spokesman told BT. " This was an approach by an interested buyer. We have evaluated the offer on the table and feel that this delivers value to OCBC shareholders." He added the impact on earnings per share for the third quarter ending Sep- tember is estimated at four cents. The RIL offer will be ex- tended to other sharehold- ers. Allen & Gledhill manag- ing partner Lucien Wong, The Singapore Jewish Char- ities Trust Board, A B Mel- wani Pte Ltd and Raffles Centre (Pte) Ltd are listed among the 109 sharehold- ers, according to records filed with the Accounting and Corporate Regulatory Authority. Raffles Centre is controlled by listed Raffles Holdings. OCBC units Fraser and Neave and Great Eastern Life Holdings own stakes, too. Companies related to OCBC directors Lee Seng Wee and Lee Tih Shih own about 5.5 per cent in RIL. Mr Tan and his family al- ready own 25.71 per cent of RIL. Assuming the other minority shareholders ac- cept the offer, Aequitas would have to fork out $181.5 million in total for RIL shares which it does not already own. " OCBC confirms that sufficient financial re- sources are available ... to satisfy full acceptance of the offer," Aequitas said. OCBC has been divest- ing its non-core assets. The bank has already met regu- latory requirements for the disposal of non-financial as- sets by July 2006. OCBC has recently disposed of a resi- dential site at Mount Emily and has put up the White Sands Shopping Mall val- ued at $120 million for sale. OCBC shares ended up 10 cents or 0.8 per cent to close at $12.40 yesterday. FATABA      ( Date: 18-Nov-2021 09:20) Posted: I am looking to a special dividend for Full year 2021 , so if 25+10 would be great .  Dyod

 

BUSINESS TIMES: TUESDAY, 13.7.04 Pg- 2 I OCBC sells its stake in Raffles Investments Ex-chairman Tan Chin Tuan paying $121.7m for it
By Andrea Tan [SINGAPORE] OCBC Bank is selling its 49.8 per cent stake in Raffles Investments Ltd (RIL) for $121.7 million to its former chairman Tan Chin Tuan. Aequitas Pte Ltd, con- trolled by Mr Tan and his family, is offering $51.70 per RIL share or at a 1.17 per cent cliscount to its adjusted net asset value (NAV) of $52.31 as at end 2003. Exclud- ing 2003' s dividend of $1.60 per share from the NAV, the offer price is 1.95 per cent above its adjusted NAV. This move would make OCBC $52.8 million richer for the year ending Decem- ber 2004. It could be for old times' sake that Mr Tan and his 1 family are making the offer. I " As the family of Tan Sri , Tan Chin Tuan has been as- sociated with the company for over 50 years, the offeror is increasing its stake ... to retain it as an investment company, as an alternative to liquidation," Aequitas said. Mr Tan' s grand-daugh- ter Chew Gek Khim is a di-
rector of RIL. RIL' s princi- pal activity is investment holding after disposing of its main asset - its 43.33 per cent stake in Raffles Hotel (1886), which, in turn, owns the famous landmark. A few minority shareholders had objected to the deal late last year, as they deemed the price too cheap, claiming a higher bid of $58 million. They lost. " We are not required to divest Raffles Investments under the Monetary Au- thority of Singapore' s guidelines. This disposal is in line with our on-going initiative to dispose of non- core assets," an OCBC spokesman told BT. " This was an approach by an interested buyer. We have evaluated the offer on the table and feel that this delivers value to OCBC shareholders." He added the impact on earnings per share for the third quarter ending Sep- tember is estimated at four cents. The RIL offer will be ex- tended to other sharehold- ers. Allen & Gledhill manag- ing partner Lucien Wong, The Singapore Jewish Char- ities Trust Board, A B Mel- wani Pte Ltd and Raffles Centre (Pte) Ltd are listed among the 109 sharehold-
ers, according to records filed with the Accounting and Corporate Regulatory Authority. Raffles Centre is controlled by listed Raffles Holdings. OCBC units Fraser and Neave and Great Eastern Life Holdings own stakes, too. Companies related to OCBC directors Lee Seng Wee and Lee Tih Shih own about 5.5 per cent in RIL. Mr Tan and his family al- ready own 25.71 per cent of RIL. Assuming the other minority shareholders ac- cept the offer, Aequitas would have to fork out $181.5 million in total for RIL shares which it does not already own. " OCBC confirms that sufficient financial re- sources are available ... to satisfy full acceptance of the offer," Aequitas said. OCBC has been divest- ing its non-core assets. The bank has already met regu- latory requirements for the disposal of non-financial as- sets by July 2006. OCBC has recently disposed of a resi- dential site at Mount Emily and has put up the White Sands Shopping Mall val- ued at $120 million for sale. OCBC shares ended up 10 cents or 0.8 per cent to close at $12.40 yesterday.

FATABA      ( Date: 18-Nov-2021 09:20) Posted: I am looking to a special dividend for Full year 2021 , so if 25+10 would be great .  Dyodd tanakow      ( Date: 18-Nov-2021 09:18) Posted: Next year 90th anniversary. Maybe got bonus for shareholders.

 

I am looking to a special dividend for Full year 2021 , so if 25+10 would be great . 
Dyodd

tanakow      ( Date: 18-Nov-2021 09:18) Posted: Next year 90th anniversary. Maybe got bonus for shareholders.

 

Next year 90th anniversary. Maybe got bonus for shareholders.

 

Prob is they are too stingy with dividends. Should pay back cash to shareholders.

 

For long term investment.$11 is still too cheap.Expect it to rise back to $13

 

China and se market already closely interwined in the 40s vie
http://www.chinaqw.com/hqhr/2020/09-18/270374.shtml

chartistkao1      ( Date: 01-Nov-2021 14:13) Posted: https://www.bbc.com/zhongwen/simp/press-review-40570763     https://www.youtube.com/watch?v=9qq7cFhznpU ETLee8      ( Date: 01-Nov-2021 14:02) Posted: Aiyoh, Tah boleh tahan !!!!

 

ETLee8      ( Date: 01-Nov-2021 14:02) Posted: Aiyoh, Tah boleh tahan !!!!! chartistkao1      ( Date: 01-Nov-2021 13:47) Posted: BEIJING] China' s leisure and tourism businesses are feeling the bite of the country' s zero tolerance for Covid-19, as cities with infections or concerned about the virus risk close entertainment venues, restrict tourism or delay cultural events.Shanghai Disneyland stopped admitting visitors on Monday and Tuesday, and required patrons and staffers present in the theme park on Oct 30-31 to undergo Covid-19 tests immediately, according to state media. The measures are part of the city' s cooperation with a Covid-19 investigation requested by authorities from outside Shanghai, according to state television, without providing further details.   A total of 484 domestically transmitted cases with confirmed symptoms were reported on Oct 17-31, mostly in the north of China, Reuters calculations based on official data showed on Monday. Many of the infections have been tourists who travelled across multiple regions, complicating and prolonging contact-tracing efforts. While the caseload remains miniscule compared with clusters outside China, and the rise in local infections in some regions have started to slow or even stopped in recent days, China is sparing no effort in minimising transmission risks, even at the cost of disrupting businesses and local economies. https://www.youtube.com/watch?v=cWy6yjjMKk0

 

Aiyoh, Tah boleh tahan !!!!!

chartistkao1      ( Date: 01-Nov-2021 13:47) Posted: BEIJING] China' s leisure and tourism businesses are feeling the bite of the country' s zero tolerance for Covid-19, as cities with infections or concerned about the virus risk close entertainment venues, restrict tourism or delay cultural events.Shanghai Disneyland stopped admitting visitors on Monday and Tuesday, and required patrons and staffers present in the theme park on Oct 30-31 to undergo Covid-19 tests immediately, according to state media. The measures are part of the city' s cooperation with a Covid-19 investigation requested by authorities from outside Shanghai, according to state television, without providing further details.   A total of 484 domestically transmitted cases with confirmed symptoms were reported on Oct 17-31, mostly in the north of China, Reuters calculations based on official data showed on Monday. Many of the infections have been tourists who travelled across multiple regions, complicating and prolonging contact-tracing efforts. While the caseload remains miniscule compared with clusters outside China, and the rise in local infections in some regions have started to slow or even stopped in recent days, China is sparing no effort in minimising transmission risks, even at the cost of disrupting businesses and local economies. https://www.youtube.com/watch?v=cWy6yjjMKk0   ETLee8      ( Date: 01-Nov-2021 13:37) Posted: Bro, do not anyhow post leh.  This is OCBC thread.  Post relevant info pls

 

这 个 中 国 科 技 股 大 震 荡 是 一 个 好 机 遇

https://www.youtube.com/watch?v=VKSwmMVb2yw

chartistkao1      ( Date: 01-Nov-2021 13:51) Posted: https://www.bbc.com/zhongwen/simp/chinese-news-42250860 chartistkao1      ( Date: 01-Nov-2021 13:50) Posted: 中 国 后 面 那 只 很 强 大 的 怪 手 https://www.bbc.com/zhongwen/simp/chinese-news-55946404 https://www.youtube.com/watch?v=4EQ5BRYGi18

 

https://www.bbc.com/zhongwen/simp/chinese-news-42250860

chartistkao1      ( Date: 01-Nov-2021 13:50) Posted: 中 国 后 面 那 只 很 强 大 的 怪 手 https://www.bbc.com/zhongwen/simp/chinese-news-55946404 https://www.youtube.com/watch?v=4EQ5BRYGi18 chartistkao1      ( Date: 01-Nov-2021 13:47) Posted: BEIJING] China' s leisure and tourism businesses are feeling the bite of the country' s zero tolerance for Covid-19, as cities with infections or concerned about the virus risk close entertainment venues, restrict tourism or delay cultural events.Shanghai Disneyland stopped admitting visitors on Monday and Tuesday, and required patrons and staffers present in the theme park on Oct 30-31 to undergo Covid-19 tests immediately, according to state media. The measures are part of the city' s cooperation with a Covid-19 investigation requested by authorities from outside Shanghai, according to state television, without providing further details.   A total of 484 domestically transmitted cases with confirmed symptoms were reported on Oct 17-31, mostly in the north of China, Reuters calculations based on official data showed on Monday. Many of the infections have been tourists who travelled across multiple regions, complicating and prolonging contact-tracing efforts. While the caseload remains miniscule compared with clusters outside China, and the rise in local infections in some regions have started to slow or even stopped in recent days, China is sparing no effort in minimising transmission risks, even at the cost of disrupting businesses and local economies. https://www.youtube.com/watch?v=cWy6yjjMKk0

 

中 国 后 面 那 只 很 强 大 的 怪 手

chartistkao1      ( Date: 01-Nov-2021 13:47) Posted: BEIJING] China' s leisure and tourism businesses are feeling the bite of the country' s zero tolerance for Covid-19, as cities with infections or concerned about the virus risk close entertainment venues, restrict tourism or delay cultural events.Shanghai Disneyland stopped admitting visitors on Monday and Tuesday, and required patrons and staffers present in the theme park on Oct 30-31 to undergo Covid-19 tests immediately, according to state media. The measures are part of the city' s cooperation with a Covid-19 investigation requested by authorities from outside Shanghai, according to state television, without providing further details.   A total of 484 domestically transmitted cases with confirmed symptoms were reported on Oct 17-31, mostly in the north of China, Reuters calculations based on official data showed on Monday. Many of the infections have been tourists who travelled across multiple regions, complicating and prolonging contact-tracing efforts. While the caseload remains miniscule compared with clusters outside China, and the rise in local infections in some regions have started to slow or even stopped in recent days, China is sparing no effort in minimising transmission risks, even at the cost of disrupting businesses and local economies. https://www.youtube.com/watch?v=cWy6yjjMKk0   ETLee8      ( Date: 01-Nov-2021 13:37) Posted: Bro, do not anyhow post leh.  This is OCBC thread.  Post relevant info pls

 

BEIJING] China' s leisure and tourism businesses are feeling the bite of the country' s zero tolerance for Covid-19, as cities with infections or concerned about the virus risk close entertainment venues, restrict tourism or delay cultural events.Shanghai Disneyland stopped admitting visitors on Monday and Tuesday, and required patrons and staffers present in the theme park on Oct 30-31 to undergo Covid-19 tests immediately, according to state media.
The measures are part of the city' s cooperation with a Covid-19 investigation requested by authorities from outside Shanghai, according to state television, without providing further details. A total of 484 domestically transmitted cases with confirmed symptoms were reported on Oct 17-31, mostly in the north of China, Reuters calculations based on official data showed on Monday.
Many of the infections have been tourists who travelled across multiple regions, complicating and prolonging contact-tracing efforts.
While the caseload remains miniscule compared with clusters outside China, and the rise in local infections in some regions have started to slow or even stopped in recent days, China is sparing no effort in minimising transmission risks, even at the cost of disrupting businesses and local economies.
https://www.youtube.com/watch?v=cWy6yjjMKk0



 

ETLee8      ( Date: 01-Nov-2021 13:37) Posted: Bro, do not anyhow post leh.  This is OCBC thread.  Post relevant info pls. chartistkao1      ( Date: 01-Nov-2021 13:18) Posted: i missed to bottom fished during 2000 dot com bust this time round the china big tech selldown i will noyt miss them u

 

Bro, do not anyhow post leh.  This is OCBC thread.  Post relevant info pls.

chartistkao1      ( Date: 01-Nov-2021 13:18) Posted: i missed to bottom fished during 2000 dot com bust this time round the china big tech selldown i will noyt miss them up chartistkao1      ( Date: 01-Nov-2021 13:15) Posted: https://group.pingan.com/media/perspectives/Peter-Mas-speech-at-the-25th-Ping-An-Life-Insurance-Summi

 

i missed to bottom fished during 2000 dot com bust this time round the china big tech selldown i will noyt miss them up

chartistkao1      ( Date: 01-Nov-2021 13:15) Posted: https://group.pingan.com/media/perspectives/Peter-Mas-speech-at-the-25th-Ping-An-Life-Insurance-Summit chartistkao1      ( Date: 01-Nov-2021 08:06) Posted: https://www.youtube.com/watch?v=qTusLc-M5d4

 

https://group.pingan.com/media/perspectives/Peter-Mas-speech-at-the-25th-Ping-An-Life-Insurance-Summit

chartistkao1      ( Date: 01-Nov-2021 08:06) Posted: https://www.youtube.com/watch?v=qTusLc-M5d4

 

https://www.youtube.com/watch?v=qTusLc-M5d4

 

what is common prosperity mean in this new era
https://www.newschannel10.com/prnewswire/2021/10/27/principles-dealing-with-changing-world-order/

 

thare are many factors that drive the rise and fall of various empires in the past and present and future and he has the answers in his new book
https://www.principles.com/

 

https://www.youtube.com/watch?v=VKSwmMVb2yw