• Tue
  • Dec 23, 2014
  • Updated: 1:14pm

DBS offer to buy all Kwong On issued share capital accepted

PUBLISHED : Friday, 19 March, 1999, 12:00am
UPDATED : Friday, 19 March, 1999, 12:00am
 

DBS Group Holdings (Hong Kong) has announced the acceptance of its offer to acquire the whole of the issued share capital of Kwong On Bank. The bank announced a number of resignations and appointments which would bring the number of directors to 13, with Ronald Leung Ding-bong remaining as chairman and executive director. The unconditional offer will remain open for acceptance until April 1.


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