3 Singapore Blue-Chip Stocks That You Can Own for a Lifetime

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Here are 3 stocks that you can comfortably own for your future retirement.

The lender has demonstrated its mettle during the last two years as its latest fiscal 2021 OCBC reported healthy loan growth and record-high fee income, leading to a 35% year on year jump in its net profit to S$4.9 billion.

Net profit was down 9% year on year to S$219 million due to higher expenses for increased headcount and platform-related costs.Despite the dip in net profit, SGX kept its interim quarterly dividend constant at S$0.08 per share. In a recent move, SGX is working with OCBC to launch a low carbon index that will track Singapore’s 50 largest companies, called theSingapore Technologies Engineering Ltd, or STE, is a global engineering, technology and defence conglomerate serving customers in more than 100 countries.

 

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