OCBC Discloses Derivative Deal for Suntec REIT Units

MT Newswires

2024-12-23

OCBC Bank (SGX:O39) disclosed a S$370,817 derivative contract on Dec. 19 for a non-discretionary client holding Suntec Real Estate Investment Trust (SGX:T82U) units, according to a Friday filing on the Singapore Exchange.

The 12-month contract has a strike price of SG$1.2409 per unit and a knockout price of SG$1.121. Following the deal, OCBC and its subsidiaries hold 22.5 million units or 0.77% of Suntec REIT.

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Following the deal, OCBC and its subsidiaries hold 22.5 million units or 0.77% of Suntec REIT.</p></body></html>\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"SG9999000327.SGD","symbol_name":"Schroder Asian Growth A Dis SGD","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2493201512","we_media_id":"1060499803","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2493201512","pubTimestamp":1734907045,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"MT Newswires","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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