Singapore's OCBC to sell up to S$1.5 bln in securities

Reuters
7 Aug 2008

HONG KONG, Aug 7 (Reuters) - Oversea-Chinese Banking Corp (OCBC.SI: Quote, Profile, Research, Stock Buzz), the smallest of Singapore's three banks, said on Thursday it plans to sell up to S$1.5 billion ($1.1 billion) in preference shares after it posted a fall in quarterly profit.

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