Category Archives for Shares
UOB Preference Shares Details
UOB yesterday announced the details of their preference shares offering. 10 million UOB preference shares will be opened to subsciption, with 2 million shares earmarked for the retail market. UOB Preference Shares announcement UOB Preference Shares FAQ UOB Preference Shares Offer Information Statement EAch share has an issue price of $100 and for the retail […]
UOB Preference Shares
Following the lead of DBS and OCBC, United Overseas Bank Limited (UOB) might be the third local bank to issue their own UOB preference shares during this period of financial turmoil. Newspaper reports indicated that the yield might be 5.05%, which is slightly lower than the 5.1% offered by OCBC recently. UOB has confirmed that […]
Invest Fair 08 Day 1
I arrived at Suntec just before the Invest Fair started at 10am. Already, there were many people waiting for the doors to open. When it did, many proceeded straight for the seminar they had earmarked to attend. I went to the talk by Michael Leong, titled “Investing Towards Your First Million“. Many other people had […]
OCBC to Issue Preference Shares Again
Soon after the recent OCBC preference shares issuance, OCBC has decided to issue more preference shares to further balance its capital base. This time round, they will be issuing 10,000,000 preferences share at a price of $100 each. If demand is good, this might be increased to 15,000,000 shares. Out of these 10,000,000 OCBC preference […]
OCBC Preference Shares ATM Application
The ATM application for the $50 million second tranche of OCBC preference shares opens from 9am today until noon on 28th July. You can apply for them through the ATM of the 3 local banks – DBS, UOB and OCBC. Each application requires a minimum subscription of 200 shares priced at $100 each. Additional shares […]