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An update from UOB-Kay Hian Holdings Limited ( (SG:U10) ) is now available.
UOB-Kay Hian Private Limited has been fined S$2,850,000 by the Monetary Authority of Singapore for breaches of Anti-Money Laundering and Countering the Financing of Terrorism requirements that occurred between 2019 and 2023. The company has since strengthened its policies and controls to prevent future breaches and ensure full regulatory compliance, with the impact of the penalty not expected to materially affect the group’s financial results.
More about UOB-Kay Hian Holdings Limited
UOB-Kay Hian Holdings Limited is a financial services company based in Singapore, primarily engaged in providing brokerage services and investment banking solutions. The company focuses on delivering comprehensive financial services to a diverse range of clients, including individual investors and institutional entities.
Average Trading Volume: 627,472
Technical Sentiment Signal: Buy
Current Market Cap: S$2.11B
See more insights into U10 stock on TipRanks’ Stock Analysis page.