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Great Eastern Holdings (GEH)
Broker's Calls
OCBC kept at 'buy' on Great Eastern strength
SINGAPORE (Oct 25): DBS Group Research is keeping its “buy” call on Oversea-Chinese Banking Corporation (OCBC) with an unchanged target price of $12.80.
October 25, 2017
Results
Great Eastern reports 21% rise in 3Q earnings to $236 mil
SINGAPORE (Oct 24): Great Eastern Holdings reported 3Q17 earnings ended Sept of $235.5 million, up 21% from $195 million a year ago largely due to the higher profit from insurance business. This brings 9M17 earnings to $732.9 million from $394.1 million a
October 24, 2017
Great Eastern says mulling options linked to minority stake in Malaysian operations
SINGAPORE (Sept 21): Great Eastern Holdings (GEH), the insurance arm of OCBC Bank, confirmed it is assessing possible options relating to a minority stake in Great Eastern Life Assurance (Malaysia).
September 21, 2017
Despite record earnings, OCBC's Tsien sounds note of caution
SINGAPORE (July 27): Oversea-Chinese Banking Corp reported a sterling set of results, with net profit up 11% q-o-q and 22% y-o-y to a record $1.08 billion.
July 27, 2017
Great Eastern sees rapid growth in Indonesia; initiates digital strategy
SINGAPORE (July 25): Great Eastern Holdings, the largest insurer in Singapore and Malaysia by market share, has been growing quickly in Indonesia, albeit from a low base.
July 25, 2017
Malaysia
Foreign insurers plan US$2 billion of Malaysia deals
(July 20): Overseas insurers including Prudential Plc are pursuing plans to sell stakes in their Malaysian units, in deals that could raise at least a combined US$2 billion ($2.74 billion) and help them comply with foreign ownership limits, people with kn
July 20, 2017
Results
OCBC reports 14% increase in 1Q earnings to $973 mil
SINGAPORE (May 9): Oversea-Chinese Banking Corporation (OCBC) has posted a net profit after tax of $973 million for 1Q17, 14% above $856 million in 1Q16.
May 09, 2017