Singapore's UOB may sell preference shares-paper

Reuters
19 Aug 2008

SINGAPORE, Aug 19 (Reuters) - United Overseas Bank (UOBH.SI: Quote, Profile, Research, Stock Buzz), Singapore's second-biggest bank by assets, may sell S$1 billion ($708 million) in preference shares, joining its rivals in boosting its capital, the Straits Times reported on Tuesday.

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