OCBC: Disposal Of Interest In Singapore Index Fund For S$19.3 Million.

30 May 2016 18:00

Oversea-Chinese Banking Corporation Limited has disposed of, in tranches, its entire interest in Singapore Index Fund for a total net cash proceeds of approximately S$19.3 million. The unaudited net book value of the units of the SIF which have been disposed of by OCBC Bank under the Sale is approximately S$9.3 million. The unaudited net tangible asset value of the Units which have been disposed of by OCBC Bank under the Sale is approximately S$19.8 million as at 31 December 2015...

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