Great Eastern Holdings

SINGAPORE (Feb 13): Great Eastern Holdings reported a 96% increase in FY17 earnings to $1.16 billion after 4Q earnings more than doubled to $423.6 million from a year ago.

SINGAPORE (Feb 5): Singapore-listed Great Eastern Holdings is said to be in exclusive talks with Malaysia's state-owned pension fund to sell it a minority stake in its Malaysian insurance unit.

SINGAPORE (Sept 26): Maybank Kim Eng is maintaining its “hold” recommendation on OCBC Bank with an unchanged price target of $11.05 pending further details of reduced stakes in the Malaysian business of its 87.9%-owned insurance arm, Great Eastern Hol

SINGAPORE (Sept 20): A 30% divestment of Great Eastern Holdings’ Malaysian operations would have minimal impact on Oversea-Chinese Banking Corp, says DBS Group Research in a Wednesday report.

SINGAPORE (Aug 11): Singapore’s three local banks – DBS Group Holdings, Oversea-Chinese Banking Corp and United Overseas Bank – have expanded regionally over the last couple of decades, putting them in a stronger position to gather onshore assets fo

SINGAPORE (July 25): Great Eastern Holdings reported 2Q17 earnings surged 2.7 times to $279.5 million from $102.2 million a year ago, bringing 1H17 earnings to $497.4 million from $199.1 million a year ago.

SINGAPORE (July 13): A group led by Yanlord Land, together with Perennial Real Estate, is making an offer to acquire a 33.5% stake in United Engineers at $2.60 each.

SINGAPORE (July 11): Overseas Assurance Corporation (OAC), the general insurance arm of OCBC’s 87%-owned subsidiary Great Eastern Holdings, has been rebranded as Great Eastern General Insurance (GEG) in Singapore. 

(June 27): The broad market apathy towards shares in Singapore Press Holdings belies the confidence with which the company is pursuing its next major property development project, and its solid track record in creating value in the real estate sector. The

SINGAPORE (June 1): Oversea-Chinese Banking Corp (OCBC) and its insurance arm, Great Eastern Holdings (GEH), say they have received proposals from “several parties” regarding their combined stakes in United Engineers (UEL) and WBL Corporation.