How they do it at DBS

Few would dispute that DBS's surprise share placement last November was a success - for several reasons. First, the offering amounted to S$2.2 bn (US$1.2 bn), the equivalent of 40-50 days worth of trading volume, and it was one of the largest ever in Singapore, if not in the Asia-Pacific region. Second, the issuance succeeded even with the Singaporean bank's share price at a 52-week low, or about a third of its former high. Third, the deal took place within 24 hours. So how did DBS pull this