OVERSEA-CHINESE BANKING CORPORATION LIMITED (Incorporated in Singapore) (Company Registration No. 193200032W)
COMPLETION OF SALE OF 100% EQUITY INTERESTS IN TWO SUBSIDIARY COMPANIESFollowing the announcement on 11 April 2017, Oversea-Chinese Banking Corporation Limited ("OCBC Bank") wishes to announce that it has completed the sale of its entire 100% equity interests in Banking Computer Services Private Limited ("BCS") and BCS Information Systems Pte Ltd ("BCSIS") to Network for Electronic Transfers (Singapore) Pte Ltd.
Accordingly, BCS and BCSIS have ceased to be subsidiaries of OCBC Bank with immediate effect.
Issued by
OVERSEA-CHINESE BANKING CORPORATION LIMITED6 June 2017
1
OCBC - Oversea-Chinese Banking Corporation Ltd. published this content on 06 June 2017 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 06 June 2017 10:38:16 UTC.
Original documenthttp://www.ocbc.com/assets/pdf/Major Regulatory/2017/2017 06 06 OCBC- Completion of sale of equity interests in BCS and BCSIS.pdf
Public permalinkhttp://www.publicnow.com/view/331D0FE6FE046B1146D5A8141D8016022B6FAA8E
