Overseas Chinese Banking Corporation (OCBC Bank)

[felixleong]

I still remember the last time ocbc did a rights issue was like 2005? They paid like $1.00 dividends and gave one rights for every 5 shares u had, the exercise price was only $5.00. So basically you could just pick up the new shares using your new dividends. I am hoping they could do something similar this time round but i think thats unlikely to happen. Fortunately after their sale of fnn and apb they did not pay special dividends, just hoping they dun ask too much $$ from shareholders to pay for wing hang.