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HANG SENG BANK Writes to Clients Emphasizing No Changes to Services
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HSBC HOLDINGS (00005.HK) announced a privatization of HANG SENG BANK (00011.HK) at a 30.3% premium. HANG SENG BANK's services will not undergo any changes, Rannie Lee, Head of Wealth and Personal Banking at HANG SENG BANK, sent a letter to clients saying. He emphasized that the privatization proposal is still in the preliminary stages, and requires approval from independent shareholders at HANG SENG BANK's court meeting and general meeting, as well as the approval of the High Court of Hong Kong. HANG SENG BANK continued to adhere to its customer-centric philosophy, providing professional and attentive service in daily banking and wealth management, Lee added. AASTOCKS Financial News Website: www.aastocks.com |
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