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  1. Tokyo bank lifts stake in Dah Sing

    Posted Mar 27th 2008, 12:00am by Staff Reporter

    ... Maria Chan Dah Sing Financial Holdings will sell 8.46 million new shares to Bank of Tokyo-Mitsubishi UFJ at HK$55.75 per share. Dah Sing said in a statement yesterday that the net proceeds of about HK$471.72 million would be added to its surplus capital resources. The HK$55.75 subscription price was at a premium of 13.43 per cent to Dah Sing's close of HK$49.15 on Tuesday. ...

  2. Dah Sing posts HK$1b write-down

    Posted Mar 26th 2008, 12:00am by Staff Reporter

    ... Jasmine Wang and Natalie Chiu Dah Sing Banking Group became the latest small to medium-sized local bank to feel the impact of the United States subprime mortgage crisis, posting a HK$1.04 ... Bank and Chong Hing Bank took subprime mortgage-related provisions totalling HK$963.63 million. Dah Sing's provision dragged down its net profit to HK$800.17 million last year from HK$1.2 ...

  3. Profit warnings spark sell-down in Dah Sing

    Posted Nov 07th 2008, 12:00am by Staff Reporter

    ... Natalie Chiu Shares of Dah Sing Banking Group and its parent, Dah Sing Financial Holdings, closed sharply lower after they forecast earnings would substantially drop on worsened credit quality and operating performance. The lender fell 8.4 per cent to close at HK$4.58, while its parent company tumbled 18.73 per cent to HK$17.88. While the core businesses of Dah Sing Financial ...

  4. Dah Sing earnings tumble on write-down

    Posted Aug 21st 2008, 12:00am by Staff Reporter

    ... Maria Chan Dah Sing Banking Group, a medium-sized Hong Kong lender, expects impairment charges will continue to increase in the second half as a result of the slowing economy. The lender ... write-down on its externally managed structured investment portfolio. Its parent company, Dah Sing Financial Holdings, said net earnings plunged 43.1 per cent due to the weak performance ...

  5. Man issues bomb threat to rob bank

    Posted Aug 12th 2008, 12:00am by Danny Mok

    ... Danny Mok A 47-year-old suspect was caught a few minutes after using a bomb threat to rob a Dah Sing Bank branch in King's Road, North Point, of HK$85,000. A bank employee chased the man to North Point MTR station, where he was intercepted by police officers and subdued. ...

  6. BEA given negative outlook after bank run

    Posted Sep 30th 2008, 12:00am by Staff Reporter

    ... of Dah Sing Financial Holdings dropped 15.13 per cent to HK$33.65 yesterday. Dah Sing Banking Group fell 9.12 per cent to HK$8.57 after it said it had exposure of HK$362 million to Washington ... of such exposure would result in a post-tax charge of HK$330 million for the bank and a post-tax charge of HK$280 million for Dah Sing Financial on consolidated basis. Dah Sing Financial also agreed ...

  7. Takeover report prompts rally in Wing Hang Bank shares

    Posted May 29th 2008, 12:00am by Staff Reporter

    ... controlling shareholders were in the process of selling their holdings. David Wong Shou-yeh, the chairman of Dah Sing Financial Holdings and Dah Sing Bank, said some foreign and mainland institutions ... However, he said there were no negotiations at the moment. The institutions interested in Dah Sing included banks and insurance companies, Mr Wong said. Some preferred simply to make equity ...

  8. Results

    Posted Mar 24th 2008, 12:00am by Staff Reporter

    ... Resources Holdings, China Shipping Development, Dah Sing Banking, Excel Technology International Holdings, FAVA International Holdings, Fosun International, Haitian International Holdings, Huadian ...

  9. In Brief

    Posted Oct 02nd 2008, 12:00am by Staff Reporter

    ... Bank denies reports of a refund for minibond investors Mevas Bank has denied a report it had announced a refund to investors in Lehman Brothers minibonds. A staff member at Mevas Bank's customer service hotline said the bank did not make the announcement and rumours of a deal were merely 'the report of the newspaper'. A spokesperson for Dah Sing Bank, which owns ...

  10. Caped crusader in credit mission

    Posted Jul 05th 2008, 12:00am by Alex Lo

    ... with Alex Lo Credit cards used to cater to professionals, or at least adults. But the market, it seems, has been expanding to teenage territory. Dah Sing Bank has been pioneering this trend with cards featuring Snoopy, Hello Kitty and My Melody. But these may have been too girly, so the bank has joined forces with Warner Brothers to come up with the Batman Visa card. A bank ...




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