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G07 Great Eastern Holdings News Story

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Brief: OCBC Will Support Proposal To Seek Delisting Of GEH Shares With S$0.9 Bln Conditional Exit

June 6 (Reuters) - Oversea-Chinese Banking Corporation Ltd OCBC.SI:

WOULD LIKE TO PUT FORWARD A COMPREHENSIVE SET OF PROPOSED TRANSACTIONS

IT WILL SUPPORT ITS PROPOSAL TO SEEK A DELISTING OF GEH SHARES WITH A S$0.9 BLN CONDITIONAL EXIT

EXIT OFFER AT S$30.15 PER SHARE FOR 6.28% GEH SHARES IT DOES NOT OWN

OCBC WILL DILUTE ITS OWN SHAREHOLDING OF VOTING SHARES IN GEH TO 88.19%

Source text: ID:nSNZ0y2d

Further company coverage: OCBC.SI

 ((Reuters.Briefs@thomsonreuters.com;))

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