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UOB-Kay Hian Holdings Limited proposed to acquire an additional 10.28% stake in UOB Kay Hian Securities Public Company Limited for approximately THB 420 million.
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UOB-Kay Hian Holdings Limited plans to acquire an additional 10.28% stake in UOB Kay Hian Securities (Thailand) Public Company Limited for approximately THB 420 million. The acquisition will involve a payment of THB 8.17 per share, leading to UOB-Kay Hian Holdings owning 100% of UOB Kay Hian Securities (Thailand) and subsequently delisting it from the Stock Exchange of Thailand. The transaction requires approval from shareholders and regulatory authorities in Thailand.
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