SGX Observer

OCBC Bank overtakes SingTel as South-east Asia's 2nd most valuable company

Publish date: Wed, 28 Feb 2018, 03:22 AM
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An Outsider's View on SGX Listed Companies

DBS overtook SingTel as South-east Asia’s most valuable company in November 2017. According to The Straits Times and TodayOnline, “The lender had a market capitalisation of S$62.97 billion as of Thursday (Nov 24)’s close, compared with Singtel’s S$60.42 billion. The telecommunications company is expected to face more competition from new Singapore mobile-phone entrant TPG Telecom Ltd.” […]

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