Back 26 Nov 2025

OCBC Bank Sells 3.51% Stake in Maxwealth Fund Management for RMB 100 Million, Equity Interest Now at 25%

Link: https://links.sgx.com/1.0.0/corporate-announcements/JG1CQXR96L666ZP7/f143e7fe299b8cf071125db7431d17213976e9098ad4411749d4c82d3300f8f6

Summary:

  • OCBC executed the partial disposal of a 3.51% stake in Maxwealth Fund Management Company Limited for RMB 100 million (approx. S$18 million) on 26 November 2025.

  • Sale price was negotiated at arm’s length, considering net asset value and relevant taxes; Maxwealth FMC’s unaudited NAV as of 30 June 2025 stood at RMB 2,764 million (approx. S$508 million).

  • OCBC’s shareholding in Maxwealth FMC is now reduced from 28.51% to 25%.

  • The transaction is not expected to meaningfully impact OCBC Group’s net tangible assets or earnings per share for FY2025.

  1. https://links.sgx.com/FileOpen/OCBC-Partial%20disposal%20of%20equity%20interest%20in%20Maxwealth%20Fund%20Management%20Company%20Limited_26Nov2025.ashx?App=Announcement&FileID=868154