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#1
21-02-2018, 08:50 AM
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OCBC plotting to screw DBS with Hyflux
An honorable member of the Coffee Shop Has Just Posted the Following:
I will keep it short. Hyflux's principal banker is DBS. OCBC initiated a internal credit report on Hyflux (not supposed to release to public but their dealers will leak to client through unofficial channels). The report claimed that Hyflux will not (likely) redeem their upcoming preference shares due in 28 April 2018. Days before the credit report was released, OCBC bond traders churedn the Hyflux preference shares (SGX Code: N2H) in small volumes, buying them and reselling at even lower... OCBC plotting to screw DBS with Hyflux Click here to view the whole thread at www.sammyboy.com. 
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