General Announcement::Strategic Review of the Bank's Portfolio of Businesses and Assets

Issuer & Securities

Issuer/ Manager
THE BANK OF EAST ASIA, LIMITED
Securities
THEBKEASIAUS$450M6.125%N200716 - XS0521073428 - 4HAB
Stapled Security
No

Announcement Details

Announcement Title
General Announcement
Date &Time of Broadcast
04-Mar-2020 09:15:41
Status
New
Announcement Sub Title
Strategic Review of the Bank's Portfolio of Businesses and Assets
Announcement Reference
SG200304OTHRG2AB
Submitted By (Co./ Ind. Name)
Securities Market Control
Designation
SGX-ST
Effective Date and Time of the event
04/03/2020 00:00:00
Description (Please provide a detailed description of the event in the box below)
The Bank will be carrying out a comprehensive review of its portfolio of businesses and assets, to ensure alignment with its strategic priorities and increase shareholder value.

Attachments

E_Announcement_Strategic Review of Portfolio_4 Mar 2020.pdf
Total size =279K

DISCLAIMER: This announcement was prepared and issued by the named Issuer/ Manager to the Exchange. The Exchange assumes no responsibility for the correctness of any of the statements made, opinions expressed or reports contained in this announcement and is posting this announcement on SGXNet for the sole purpose of dissemination only. In the event of any queries or clarification required in respect of any matters arising from this announcement, such queries are to be made to the named Issuer/ Manager directly and not to the Exchange. The Exchange shall not be liable for any losses or damages howsoever arising as a result of the circulation, publication and dissemination of this announcement.