Great Eastern Holdings (GEH)

Results

Great Eastern reports 3QFY2024 earnings of $273.4 mil, 52% higher y-o-y

Great Eastern's total earnings for the 9MFY2024 stood at $860.5 million, 39% higher y-o-y.

Company in the news

Briefs: Keppel REIT, Mapletree Logistics Trust report results, CapitaLand Ascott Trust divests Tianjin property

Plus, Great Eastern to have until January to comply with free float rule, HSBC reorganises and Goldman Sachs says decade of S&P 500 gains is over.

Offer

Great Eastern to have till January 2025 to comply with free float rule

Great Eastern will announce its business update for the 3QFY2024 ended Sept 30 on the morning of Nov 6.
Great Eastern’s group CEO Khor Hock Seng to retire in October  - THE EDGE SINGAPORE

New appointments

Great Eastern’s group CEO Khor Hock Seng to retire in October

Greg Hingston, who will become the new group CEO, will step into the role on Nov 1.

Offer

Great Eastern granted deadline extension to explore options for free float rule

GEH shareholders who have not accepted the offer may exercise their right to get OCBC to acquire their shares by Oct 23.
Great Eastern's profit attributable to shareholders rises 34% in 1HFY2024 - THE EDGE SINGAPORE

Results

Great Eastern's profit attributable to shareholders rises 34% in 1HFY2024

Great Eastern Holdings' profit attributable to shareholders rose by 34% y-o-y in 1HFY2024.
GEH to be suspended on July 15 but OCBC will continue to accept GEH shares for further three months - THE EDGE SINGAPORE

Finance

GEH to be suspended on July 15 but OCBC will continue to accept GEH shares for further three months

The GEH offer has closed and shares are to be suspended, but OCBC will continue to accept offers for a further three months.
OCBC explains rationale behind offer price of $25.60 for GEH shares - THE EDGE SINGAPORE

Offer

OCBC explains rationale behind offer price of $25.60 for GEH shares

OCBC says it will only seek GEH's delisting if the “conditions are acceptable and in the interests of OCBC and its shareholders”.
Interest in insurers picks up as SGX loses Great Eastern - THE EDGE SINGAPORE

M&A

Interest in insurers picks up as SGX loses Great Eastern

Interest in life insurance companies picks up as GEH privatises, Income with potentially new shareholders. What is a fair price?
GEH-OCBC offer update: no requirement to announce level of acceptances - THE EDGE SINGAPORE

Finance

GEH-OCBC offer update: no requirement to announce level of acceptances

Under SFA, there is no requirement for OCBC to announce level of acceptances for GEH
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