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December 2007
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10.12.2007 UBS introduced special measures to strengthen its capital position, adding CHF 19.4 billion of capital. This amount includes an issue of CHF 13 billion of new capital, which has been placed with two strategic investors: Government of Singapore Investment Corporation Pte. Ltd. (GIC) with CHF 11 billion, and an unknown investor in the Middle East with CHF 2 billion. Also, UBS wishes to maintain a strong capital base under all circumstances as the basis for its wealth and asset management business. The bank will strengthen its capital position by issuing new capital in transactions with strategic investors (which subscribe to issue CHF 13 billion of new capital), by selling treasury shares, and by replacing its 2007 cash dividend with a stock dividend.
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