UOB-Kay Hian Purchases Additional Shares in Thai Subsidiary

MT Newswires

2024/12/30

UOB-Kay Hian (SGX:U10), through its unit, UOB-Kay Hian (BVI), acquired 39,000 additional shares in its Thai subsidiary, UOB Kay Hian Securities Thailand (SET:UOBKH), at 5.2472 baht apiece, according to a Friday filing with the Singapore Exchange.

Following the purchase, UOB-Kay Hian's indirect shareholding in the subsidiary is 92.9 million shares or 18.49% of UOB Kay Hian Securities Thailand.

The total number of shares held directly by UOB-Kay Hian in the Thai entity remains unchanged at 355 million, representing a 70.65% stake.

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