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DBS revises Alliance Bank stake proposal to 30% for Malaysian approval

The initial request of DBS for 49% stake acquisition in Alliance Bank would have required a waiver from Bank Negara Malaysia.
The Business Times

DBS said to revise Alliance Bank offer proposal to 30% stake

It made the decision after failing to get approval for its initial request to buy as much as 49% Read more at The Business ...

Singapore's DBS is said to revise Malaysia's Alliance Bank proposal to 30%

Singapore largest bank DBS Group revised its Alliance Bank proposal to 30 per cent after Malaysian regulators rejected its ...

DBS revises Malaysia bank stake plan as regulatory limits shape strategy

DBS seeks approval for a 30% stake in Alliance Bank Malaysia to align with regulatory limits and move the deal forward.
Business Times

DBS may declare special dividend of S$0.50 a share, raise ordinary DPS to S$0.60: CGSI

DBS may declare a special dividend of S$0.50 a share for the fourth quarter of FY2024 as well as raise its ordinary dividend per share to S$0.60, said CGS International in a report on Tuesday (Jan 14) ...

DBS said to revise Alliance Bank offer proposal to 30% stake — Bloomberg

DBS has withdrawn an application to start talks to buy as much as 49% of Alliance Bank Malaysia, replacing it with one to ...