Great Eastern Holdings

Banking & finance

Great Eastern to buy insurance businesses from AmBank and MetLife for $325 mil

The acquisition will come with an exclusive 20-year distribution pact

Regulatory Action

MAS imposes 5-year prohibition order on 6 former Great Eastern agents

They reduced their income taxes by $124,6481 for the 2018 and 2019 years of assessment.
Great Eastern Holdings reports 4QFY2022 earnings of $3.3 million, down 99% - THE EDGE SINGAPORE

Results

Great Eastern Holdings reports 4QFY2022 earnings of $3.3 million, down 99%

Great Eastern plans to pay a final dividend of 55 cents, bringing the payout for FY2022 to 65 cents.

Billion Dollar Club 2022

iFast holds on to overall sector win; Great Eastern ranks for profit growth

iFast Corp has repeated its wins from last year

Investing ideas

Celebrating World Health Day: Shining the spotlight on two healthcare-related stocks

Great Eastern’s revenue has been increasing over time.
Great Eastern posts 102% higher 1H21 earnings, declares interim DPS of 10 cents - THE EDGE SINGAPORE

Results

Great Eastern posts 102% higher 1H21 earnings, declares interim DPS of 10 cents

The interim DPS will be paid out on August 10.

Banking & finance

Each insurer offers investors something different

In terms of valuation, UOI offers the highest margins, Prudential is the most undervalued, and AIA shows the strongest growth
Great Eastern offers free Covid-19 protection coverage for all Singapore residents - THE EDGE SINGAPORE

Covid-19

Great Eastern offers free Covid-19 protection coverage for all Singapore residents

Recipients will get a cash payout of $200 per day if hospitalised due to Covid-19 after their first vaccination dose.
Great Eastern posts 13-fold increase in 1Q21 earnings on better market conditions - THE EDGE SINGAPORE

Results

Great Eastern posts 13-fold increase in 1Q21 earnings on better market conditions

Great Eastern saw 1Q21 earnings surge to $438 mil from $34 mil a year ago.

Results

Great Eastern's earnings plunge 90% to $33.9m in 1Q20

Great Eastern Holdings, a member of the OCBC Group, saw its earnings plunge 90% to $33.9 million y-o-y for 1Q2020 ended March.
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