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Great Eastern Holdings (GEH)
Right Timing
Could OCBC-GEH buoy STI, boosted by a new generation of investors?
Young investors see potential in GEH's share price; another investor suggests OCBC distributes GEH shares as dividend-in-specie
April 21, 2023
New appointments
Great Eastern Holdings' chairman Koh Beng Seng to step down, Soon Tit Koon to replace him
Soon will succeed Koh as chairman on April 22.
March 21, 2023
Results
Great Eastern Holdings reports 30% higher 3QFY2022 earnings of $278 mil from higher profit from insurance business
In his statement, group CEO Khor Hock Seng says the business climate will be “challenging” in the near- to mid-term.
November 02, 2022
Restructuring
Great Eastern Holdings reports 22% higher 2QFY2022 earnings of $282.9 mil
GEH’s board has declared an interim dividend of 10 cents, which will be paid out on Aug 31.
August 02, 2022
Banking & finance
Great Eastern plans growth amid rising rates, demands for enhancing shareholders’ value
GEH continues with growth plans, digital affinity strategy amidst rising rates, demands for enhancing shareholder value
May 04, 2022
Results
Great Eastern Holdings reports 50% plunge in earnings of $220.0 million in 1QFY2022
The plunge in earnings was due to the lower valuation of investments arising from less favourable financial market conditions.
April 28, 2022
Results
Great Eastern's FY2021 earnings cross $1 bil mark to $1.11 bil; declares dividend of 55 cents
A final dividend of 55 cents per share has been declared, bringing FY2021’s total dividend to 65 cents per share.
February 22, 2022
Banking & finance
Opportunities and challenges as OCBC and UOB beat expectations in 3Q2021
OCBC and UOB reported 3QFY2021 earnings above expectations on higher loan growth and fee income.
November 03, 2021
Banking & finance
Great Eastern launches Singapore's first green life insurance product
The insurer is offering an endowment plan which invests into assets to fund projects with “positive environmental benefits”.
July 19, 2021
New appointments
Great Eastern appoints former CPF CEO, Ng Chee Peng, as non-executive and independent director
Ng is currently the senior advisor at the MOM and CPF Board, as well as the board committee for transformation at PUB.
March 01, 2021