Preference shares in SGX

Have you notice that are some share with weird percentages in their names like the following: OCBC BLK 4.2%NPCS 100 or DBS BK 6% NCPS 10.

These are actually preference shares with no maturity date. These shares offer dividends percentages as reflected in their counter names.

OCBC preference shares

http://www.ocbc.com.sg/global/investorrelations/Gco_Inv_PrefShareBond.shtm



The Maturity date for this perference share is perpetual.


Reference: http://stquote.sgx.com/live/st/STStock.asp?stk=O

DBS preference shares details
http://www.dbs.com.sg/investor/prefshares/

Something new i just figure out today