Great Eastern Resumes Trading After Delisting Proposal Fails 63.49% Support
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最新报道：Great Eastern Holdings resumed trading after its delisting proposal failed to secure the required 75% shareholder approval, receiving only 63.49% support. The insurer's major shareholder, OCBC Bank, had offered S$25.60 per share to take the company private, valuing it at S$1.4 billion. While the offer represented a 36.7% premium over the last traded price before the announcement, minority shareholders expressed concerns over valuation. The failed bid marks a rare instance where a Singapore-listed company's privatization attempt was rejected by minority investors. Great Eastern shares rose 2.3% following the resumption of trading.
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