Article: BRIEFING - ASIA BANKING - MAY 13, 2003.

An executive briefing on banking for May 13, 2003, prepared by Asia Pulse (http://www.asiapulse.com), the real-time, Asia-based wire with exclusive news, commercial intelligence and business opportunities.

SINGAPORE'S DBS DIVESTS HOLDINGS IN ASSOCIATED COMPANY FUJITEC

SINGAPORE - Singapore's DBS Group Holdings Ltd (DBS) (SGX:DBSM) has completed a two-step transaction to divest its entire 26.3 per cent stake in Fujitec Singapore Corporation Ltd (Fujitec) for a total cash consideration of S$35.1 million (US$20.27 million).

Fujitec specialises in designing, manufacturing, installation and maintenance of elevators and escalators.

INDONESIAN ...

Related newspaper, magazine, and journal articles:

 
 
Newsweek Harper's Magazine The Washington Post Chicago Tribune Crain's Chicago Business PRNewswire Pediatric News The Nation Advertising Age The Economist (US) A FREE trial gives you access to over 80 million articles! Access over 6,500 publications with a FREE trial!