OCBC buys 10% stake in Boom.com for $8.6 million

OCBC Bank acquires a 10% stake in Boom.com
October 13, 2000

Oversea-Chinese Banking Corp. (OCBC) has acquired a 10% stake in online securities broker Boom.com for $8.6 million, helping Boom postpone the day it attempts to raise funds from the public until investor appetite for internet stocks improves.

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