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.

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