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BRIEF-Oversea-Chinese Banking Corp Updates On OCBC Wing Hang Bank's Sale Of Stake In Hong Kong Life Insurance

Reuters

Oct 1 (Reuters) - Oversea-Chinese Banking Corporation Ltd :

* UPDATES ON OCBC WING HANG BANK LIMITED'S SALE OF 33.33% STAKE IN HONG KONG LIFE INSURANCE

* OCBC WING HANG BANK TOGETHER WITH OTHER SELLERS TERMINATED SALE OF 33.33% STAKE IN CAPITAL OF HONG KONG LIFE INSURANCE

* OVERSEA-CHINESE BANKING CORPORATION - AGGREGATE DEPOSIT OF HK$710 MILLION PAID BY PURCHASER FORFEITED IN FAVOUR OF SELLERS

* AGREEMENT WITH FIRST ORIGIN INTERNATIONAL LTD TERMINATED DUE TO CONDITIONS NOT BEING SATISFIED Source text for Eikon: Further company coverage: