If you have been following my blog, you know that in May I have written about this bank. You can still read it from here. I was at the bank this morning as I was having problem with my ATM access. The bank was particularly crowded as it was weekend and also maybe lots of people were there for the rights issue. While waiting for the staff to help me, I overheard people enquiring about the rights shares. I dont mean to eavesdrop but you can just hear people talking in the closed environment. One nice thing about this bank is that they always have ...
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In the past few weeks, the news about OCBC rights issue has been most discussed in social media. By now, whether or not you are existing shareholder, you would have heard about the bank giving the shareholders to own rights share at $7.65 each.