By CARINE LEE
DBS Group Holdings Ltd on Tuesday announced that it has subscribed for 116.18 million shares in the capital of DBS Bank Ltd for $1.35 billion.
Funded by internal resources, DBS Group satisfied the purchase wholly in cash.
Following the subscription, DBS Group now holds 2.17 billion ordinary shares in its wholly-owned subsidiary, DBS Bank.
Stocks making the biggest moves premarket: Netflix, Paramount, Sunnova
Energy & more
-
Check out the companies making headlines before the bell. Ulta — The beauty
chain slipped more than 1% following a downgrade to hold from buy at
Jefferies....
2 hours ago
No comments:
Post a Comment