DBS gets its $800 milion injection

Singapore's local bank had no problem raising the $800 million in preference shares. According to a company statement, allocation of the 4.70% non-cumulative, non-convertible, and non-voting preference shares went as follows: the The Public Offer, the Placement and the Reserve Offer accounted for SGD 550 million, SGD 205 million and SGD 45 million respectively of the total Offer size of SGD 800 million.

Join Singapore Business Review community
Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

Reaching the people who run Asia's businesses is harder than it used to be.

Inboxes are crowded. Attention is short. The executives you most want to reach — the founders, CFOs, and operators who actually move budgets — are the hardest to find through the usual channels. If you're building a company, a category, or a reputation, you already know this.

We've spent twenty years building the room they read. Singapore Business Review is where senior decision makers in Singapore and across Southeast Asia come for business coverage they can't get elsewhere — in print, online, and in person at the summits and roundtables we host across seven markets.

If you have something these readers should know about — a point of view worth publishing, a product worth their attention, an event worth their time — we'd like to hear what you're trying to do.