Dao Heng Bank
Dao Heng Bank Limited was established in Hong Kong in 1921.In 1989, it acquired Hang Lung Bank from the Hong Kong Government.In 1993, it acquired Overseas Trust Bank from the Hong Kong Government.Instrumental in this merger, which Euromoney Magazine called "The Deal of the Year", was Managing Director Mr. Werner M. M. Makowski.A deal which led to Dao Heng Bank Group's listing on the Hong Kong Stock Exchange to be 277 times over-subscribed.
PublicTraded asBankingDBS Group Holdings LtdQuek Leng ChanExecutive ChairmanManaging DirectorDirectorFinancial servicesNet incomeTotal assetsTotal equityParentGuoco Group LimitedSubsidiariesDao Heng Bank LimitedDBS Bank (Hong Kong) LimitedOverseas Trust Bank LimitedChinesebank holding companyHong KongacquiredGuoco GroupHong Leong GroupHong Kong Stock ExchangeHang Lung BankHong Kong GovernmentHang Seng Index Constituent Stocksblue chipSingaporeanDBS BankprivatizeddelistedDBS Bank (Hong Kong)Kwong On BankOverseas Trust Bank