DBS BANK OFFERS SHARE FINANCING FOR CHIP ENG SENG CORPORATION LTD (MAINBOARD S$ ISSUE)
In conjunction with the launch of the above mentioned public share issue, DBS Bank is offering IPO share financing for interested applicants.
The terms of the IPO share financing package are as follows:
| Financing Quantum |
: up to 90% of the share issue price |
| Minimum number of shares financed |
: 100,000 shares |
| Interest Rate |
: DBS Prime + 0.50% p.a. Interest will be waived for unsuccessful applications. |
| Interest Period |
: Minimum 4 days or up to the day of receipt of refund monies or settlement, whichever is the later |
| Application Fee |
: $50 per application |
| Amendment Charge |
: $50 per application |
| Cancellation Charge |
: $100 per application |
Members of the public interested in obtaining share financing on the above public share issue can apply at DBS Bank Customer Sales & Relationship Management Department at 6 Shenton Way, DBS Building, Tower One or at any DBS Bank Branch. Applications for the share financing will close on 18 Nov at 12 noon.
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