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OCBC reports record net profit. Here’s what you need to know

What happened? I saw quite a number of questions about OCBC in the Beansprout community today. The company reported a record quarterly net profit of S$1.98 billion in the first quarter of 2024, 5.5% higher year-on-year.  At the same time, OCBC also announced a $1.4 billion offer to take Great Eastern Holdings private. Following these announcements, […]

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