Asset Acquisitions and Disposals::Sale of 100% interest in DBS China Square Limited

Issuer & Securities

Issuer/ Manager
DBS GROUP HOLDINGS LTD
Securities
DBS GROUP HOLDINGS LTD - SG1L01001701 - D05
Stapled Security
No

Announcement Details

Announcement Title
Asset Acquisitions and Disposals
Date &Time of Broadcast
10-Feb-2017 17:16:02
Status
New
Announcement Sub Title
Sale of 100% interest in DBS China Square Limited
Announcement Reference
SG170210OTHRBN41
Submitted By (Co./ Ind. Name)
Goh Peng Fong
Designation
Group Secretary
Description (Please provide a detailed description of the event in the box below)
DBS Group Holdings Ltd wishes to announce that its wholly-owned subsidiary, DBS Bank Ltd., has agreed to sell its entire equity interest in DBS China Square Limited (the "Sale") to an indirect subsidiary of Manulife Financial Corporation. The Sale is expected to be completed by the end of March 2017.

Please refer to the attached announcement for more information on the Sale.

Attachments