Wing on Bank

Dah Sing in US$75m CD issue

DAH Sing Bank is to issue a US$75 million floating rate certificate of deposit with puts and calls in Singapore.

Tuesday, 8 March, 1994, 12:00am

Dah Sing takes over Wing On

THE acquisition of Wing On Bank by Dah Sing Financial (Holdings) hit the headlines in October.

Dah Sing, which also owns the Hong Kong Industrial and Commercial Bank, looked set to lose the banking licence it held for Wing On Bank unless it could present a justifiable case for keeping it.

22 Oct 1993 - 12:00am

Bank sale lifts profit at Wing On International

WING On International Holdings has lifted interim net profits before extraordinaries by 17.5 per cent to $109.9 million.

It made an extraordinary profit of $315.4 million during the six months to June 30 by selling its interests in Wing On Bank.

19 Oct 1993 - 12:00am

High on a wing and a bank

Dah Sing Holdings Recommendation: Buy Brokerage: Smith New Court The acquisition of Wing On Bank has given Dah Sing access to a large deposit base, while many Hongkong banks are struggling to find growth.

30 May 1993 - 12:00am