-- UOB-Kay Hian (SGX:U10) said it has increased its stake in Thailand-listed unit, UOB Kay Hian Securities (Thailand) (SET:UOBKH) ahead of the latter's delisting from the Thai stock exchange, according to a Thursday filing with the Singapore Exchange.
This follows the completion of voluntary delisting tender offer on April 7 following which, the company's direct and indirect shareholding in the Thai unit increased to 99.84%.
The unit will be delisted on April 25.
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