Four workers have died after an avalanche struck a construction crew near India’s border with Tibet, with 55 workers initially trapped under snow. Rescuers managed to save 50 workers, but four later succumbed to their injuries, while five remain missing. The search continues with multiple rescue teams and military helicopters deployed to the site, as the region is known for being prone to avalanches and flash floods.
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OCBC says it will not make further offers for Great Eastern even if delisting proposal fails
Oversea-Chinese Banking Corp (OCBC) announced it will not pursue another offer to acquire the remaining shares of Great Eastern if shareholders reject the delisting proposal on July 8. OCBC, which currently owns 93.72% of Great Eastern, plans to maintain its non-voting shares to restore free float and trading if the delisting does not proceed. Need More Context? 🔎
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