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Stocks to watch: OCBC, Fu Yu, TalkMed
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OCBC Bank will reduce the maximum interest rate for its 360 Account to 5.45% from 6.3% effective August 1, following previous cuts this year. Fu Yu appointed four new independent directors after recent resignations. TalkMed Group's acquisition by Tamarind Health received approval from the Competition and Consumer Commission of Singapore, with a proposed privatization at S$0.456 per share. OCBC shares rose 0.7%, Fu Yu shares increased 2.1%, while TalkMed shares remained flat at S$0.45.
Source: Businesstimes The copyright of this article belongs to the original author/organization.
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