Overseas Chinese Banking Corporation (OCBC Bank)

[Caelitus]

After you elected for permanent scrip dividend, the notice of cancellation should be sent to you for each scrip dividend where applicable. You can cancel.

[pubster]

After you elected for permanent scrip dividend, the notice of cancellation should be sent to you for each scrip dividend where applicable. You can cancel.

Thank you for your information.

[greengiraffe]

http://infopub.sgx.com/FileOpen/Rights_I...eID=310378

1-for-8 rights issues @ 7.65.

Last major support 9.40 cri, 9.20 xri


Odd Lots Vested
Monitoring
GG

[toiletsiao]

http://infopub.sgx.com/FileOpen/Rights_I...eID=310378

1-for-8 rights issues @ 7.65.

Last major support 9.40 cri, 9.20 xri


Odd Lots Vested
Monitoring
GG

shiok la..time to round up all the odd lots received from the scrip dividend...

[sg550319]

http://infopub.sgx.com/FileOpen/Rights_I...eID=310378

1-for-8 rights issues @ 7.65.

Last major support 9.40 cri, 9.20 xri


Odd Lots Vested
Monitoring
GG

shiok la..time to round up all the odd lots received from the scrip dividend...

what are the upside for this issue? back of the envelop calculation, after rights issue, price will be 9.92.

Also, it is worth to consider the scrip dividend, since it will not be entitled to the rights?

vested

[kbl]

Good morning everyone.

As a long term shareholder, I will buy.

<vested-oldpot><not a call to buy or sell>

[Hill]

Just go and look at the history of when DBS bought over HK's DAO HENG. Not that it's comparable with OCBC to WING HANG but be careful in investment, they say there is no guarantee history will repeat itself. And the unsuccessful attempt of DBS trying to buy DANAMON Bank of Indonesia. How the market reacted at that times?
Remember History May Not Repeat Itself − But Sometimes It Rhymes.
Caveat Emptor!

it doesn't repeat itself for the broader market, that doesn't mean another sound company cannot come up with a better evaluation on things

For me whatever the pros & cons, i prefer to wait for the right issue time and decide then.

Hello bro temperament

What is your take? This right issue can buy? Tks

[pubster]

Currently I only have slightly more than 4 lots (due to the last scrip) bought using CPF. When I read the notice, I found this,

"Fractional entitlement to the Right Shares will be disregard in arriving at the Shareholders' entitlement..."

Does that mean that I will not be entitled to any Share Rights? If that is the case, I guess I will be diluted with no recourse...

[Temperament]

My take is not your take or anybody's take. i had sold my OCBC 2.++shares at >$10.00 for quite sometime already. i may applied for NIL PAID RIGHTS if available and feasible.

[CityFarmer]

Currently I only have slightly more than 4 lots (due to the last scrip) bought using CPF. When I read the notice, I found this,

"Fractional entitlement to the Right Shares will be disregard in arriving at the Shareholders' entitlement..."

Does that mean that I will not be entitled to any Share Rights? If that is the case, I guess I will be diluted with no recourse...

Four lots mean 4000 shares, and entitlement is 1-for-8, thus you are entitled to 500 rights.

The fractional entitlement means those entitlement with less than one (1) right, or less than 8 shares.