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04 Jun 2025
UOB-Kay Hian Holdings Increases Stake in Thai Subsidiary to 89.72%
Summary:
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Additional Share Acquisition: On 4 June 2025, UOB-Kay Hian Holdings Limited, via its wholly-owned subsidiary UOB Kay Hian (BVI) Limited, acquired an additional 316,000 shares in its Thai-listed subsidiary, UOB Kay Hian Securities (Thailand) Public Company Limited, at a price of THB 5.2471 per share.
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Updated Shareholding: This purchase raises UOB-Kay Hian Holdings' total shareholding in the Thai subsidiary to 450,813,734 shares, representing approximately 89.72% of the company's total issued shares.
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Strategic Objective: The acquisition aligns with UOB-Kay Hian Holdings' strategy to strengthen its presence in the Thai securities market and consolidate its position in the region.