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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 […]