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UOB-Kay Hian Expands with New Indonesian Subsidiary

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UOB-Kay Hian Expands with New Indonesian Subsidiary

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The latest update is out from UOB-Kay Hian Holdings Limited ( (SG:U10) ).

UOB-Kay Hian Holdings Limited has announced the incorporation of a new subsidiary, PT UOB Kay Hian Futures, in Jakarta, Indonesia. This new entity will operate as a futures brokerage, expanding the company’s footprint in the Indonesian market. The establishment of PT UOB Kay Hian Futures is expected to enhance UOB-Kay Hian’s operational capabilities and market positioning in the region, potentially benefiting stakeholders through increased market access and service offerings.

More about UOB-Kay Hian Holdings Limited

UOB-Kay Hian Holdings Limited is a company incorporated in Singapore, primarily involved in financial services. The company focuses on brokerage services and has a significant presence in the financial markets.

YTD Price Performance: 14.09%

Average Trading Volume: 565,291

Technical Sentiment Signal: Buy

Current Market Cap: S$1.69B

See more insights into U10 stock on TipRanks’ Stock Analysis page.

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