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‘High notes 5’ Singapore DBS investors are in trouble

20080922_175803_highnoteasiaoneAfter collapse of the great lehman brothers investment bank……Singapore Famous DBS bank said that it has sold over S$100 million High notes 5 …As the report said more than 200 customers have sued the bank in a bid to recover the investment loss.

Siraj omar,Director of Priemeire law has told that today in Singapore court 204 investors have filed a claim over the investment loss in DBS, He declined to discuss about the case but he is sure of reveal size claim of about S$17million.

High notes 5 is a callable credit link notes investment in the DBS unit group.

But still the DBS have no impact on the stock market………

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