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Advice needed: Dbs offer 4.7% preference share

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  • Advice needed: Dbs offer 4.7% preference share

    Know that some of the old birds here are in Remisiers line, thus need to tap some of yr expertise on above topics...

    1) issue price is sgd 100 per Preference Shares and must be made in lots of 100 preference share.

    i.e Does that means that for 1 lot it will cost sgd10,000. And how is this going to be trade in the market as DBS share is less than sgd 100 in the market now...

    If the Shufu thinks that it's not right to discuss openly, pls send me a pm and will reply back.

    Appreciate yr input.

    Just an novice investor

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