Asia
UOB-Kay Hian Acquires Additional Stake in Thai Unit Ahead or Delisting
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.
SET:UOBKHSGX:U10
