Latest Developments Impacting Share Trading
On June 18, OCBC’s privatisation bid for Great Eastern received mixed reviews, with the offer priced lower than GEH’s embedded value. Meanwhile, Seatrium is under investigation for potential bribery linked to the “Operation Car Wash” scandal in Brazil. These developments could influence the companies’ stock performance, with OCBC shares falling slightly and Seatrium’s stock declining amid the news.
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