OCBC Extends Takeover Offer for Great Eastern

Great Eastern Holdings Limited (SG:G07) has released an update.

Oversea-Chinese Banking Corporation Limited, represented by J.P. Morgan Securities Asia Private Limited, has made a voluntary unconditional general offer for all issued ordinary shares of Great Eastern Holdings Limited, excluding those already owned or to be acquired by the Offeror. The offer announcement and subsequent details, initially made on May 10, 2024, have been followed by an extension of the offer’s closing date, with no increase in the offer price.

For further insights into SG:G07 stock, check out TipRanks’ Stock Analysis page.