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Tag Archives for " DBS "

DBS STI ETF Started Trading

DBS STI ETF started trading yesterday. According to the notice filed by DBS, 2,411,410 units were created at an issue price of $1.62 per unit. This works out to a total fund size of about $3.9 million. It looks that the amount of funds raised is quite small. As the fund has a minimum trustee […]

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DBS Asset Management (DBSAM) will be launching the DBS Singapore STI ETF on 25th February 2009. This will be the second STI ETF listed on SGX, the first being StreetTRACKs STI ETF. The ETF is suitable for investors who would like a passively managed and low-cost fund that tracks the STI index. The initial offer period […]

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DBS CEO Richard Stanley Diagnosed With Leukemia

After a couple of days of Chinese New Year break and eating lots of goodies, I was surprised to see that DBS had requested for a trading halt of their shares this morning. About two hours later, DBS issued a statement announcing that their CEO, Richard Stanley, had been diagnosed with Leukemia and would be […]

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Rights and their Quantitative Implications

This post is a continuation of the previous post discussing rights issues. Before we go into some mathematical aspects of rights issues, it is good to go through a couple of terms that we commonly see. Renounceable – A renounceable rights issue allows for shareholders to sell away their rights. A non-renounceable rights, on the […]

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DBS Rights Issue Offer Document

Further to the initial announcement of DBS on their rights issue, DBS has just released their offer document. The document will be sent to entitled DBS shareholders on 6th Jan 2009. The softcopy of the offer document can be found here: DBS Rights Issue Offer Document Some key dates (found on page 6 of the […]

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