Monthly Archives: November 2010

When the Straits Times Index (STI) reached 3,200 points level on 15 October, I started to reduce my equity portfolio on some selected shares. When the STI was climbing in first two weeks of November peaking at 3,313 points on … Continue reading →

For investors who missed out on the initial public offering (IPO) of DBS Preference Share (4.70%), they can still buy them at the Singapore Exchange (SGX). The last transacted price of the share on Friday 26 November was $102.34, which … Continue reading →

Everyone who applied for the DBS Preference Shares was successful and was allotted with some shares. Those who applied for 100 and 200 preference shares at $100 each were allocated with what they wanted. 10,276 applicants, constituting 34 per cent … Continue reading →

At the close of public offer on 18 November, S$1.8 billion was received for S$500 million DBS Preference Shares on offer. This amount was 3.5 times more than the offer size. The retail subscriptions via ATMs and internet banking amounted … Continue reading →

After writing my earlier post, DBS announced yesterday the public offer of up to S$500 million in aggregate liquidation Preference Share of 4.70% Non-Cumulative Non-Convertible Non-Voting Preference Shares Callable in 2020 subject to the Upsize Option (maximum issue of S$800 … Continue reading →

What prompted me to write this piece was the news report on DBS Bank’s third quarter financial results published on Friday in the Business Times. The journalist quoted DBS’ chief executive as saying that “all of this quantitative easing and … Continue reading →