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Back 20 Mar 2025

UOB-Kay Hian Increases Stake in Thai Subsidiary

Link: https://links.sgx.com/1.0.0/corporate-announcements/ZL9LQPIF7J1XJCDQ/4c6d057e04213cfc438c659ba6198a7f04c56e67a273fb356dce850525b9bb4f

Summary:

  • Transaction Details: On 20 March 2025, UOB-Kay Hian Holdings Limited, through its wholly-owned subsidiary UOB Kay Hian (BVI) Limited, purchased an additional 75,000 shares of its listed subsidiary, UOB Kay Hian Securities (Thailand) Public Company Limited, at a price of 4.9406 Thai Baht per share.

  • Post-Purchase Shareholding: Following this acquisition, UOB-Kay Hian's indirect shareholding in UOB Kay Hian Securities (Thailand) increased to 93,737,734 shares, representing 18.66% of the subsidiary's total shares.

  • Direct Shareholding Unchanged: The direct shareholding of UOB-Kay Hian Holdings Limited in UOB Kay Hian Securities (Thailand) remains unchanged at 355,000,000 shares, accounting for 70.65% of the total shares.

Note: All data is sourced from UOB-Kay Hian Holdings Limited's announcement dated 20 March 2025.