OCBC to Wind Up Subsidiary

MT Newswires

05/22

Oversea-Chinese Banking Corp. or OCBC (SGX:O39) subsidiary, OCBC Investment Research, will be voluntarily wound up, according to a Friday bourse filing.

The winding up is part of the company's ongoing rationalization strategy.

The subsidiary is a unit of the bank's other subsidiary, Orient Holdings, the filing said.

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