BRIEF-DBS Says It Acquired Additional Stake In Shenzhen Rural Commercial Bank

Reuters
27 Jan
BRIEF-DBS Says It Acquired Additional Stake In Shenzhen Rural Commercial Bank

Jan 27 (Reuters) - DBS Group Holdings Ltd DBSM.SI:

  • DBS INCREASES STAKE IN SHENZHEN RURAL COMMERCIAL BANK

  • ACQUIRED AN ADDITIONAL STAKE IN SHENZHEN RURAL COMMERCIAL BANK, INCREASING ITS STAKE FROM 16.69% TO 19.40%

  • TOTAL CONSIDERATION IS CNY1,596 MILLION

Further company coverage: DBSM.SI

((Reuters.Briefs@thomsonreuters.com;))

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