China and the Philippines have pledged to de-escalate tensions in the South China Sea, according to The Diplomat. The two countries have agreed to peacefully resolve their disputes through dialogue and cooperation. This move is seen as a positive step towards maintaining stability in the region.
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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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