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UOB-Kay Hian Holdings Limited ( (SG:U10) ) just unveiled an update.
UOB-Kay Hian Holdings Limited has announced its intention to voluntarily delist its subsidiary, UOB Kay Hian Securities (Thailand) Public Company Limited, from the Stock Exchange of Thailand. The delisting will be executed through a tender offer to acquire all outstanding shares at THB 8.17 per share. This move comes as trading of UOBKH Thailand’s securities has been suspended due to non-compliance with the exchange’s free float requirements. The delisting is contingent upon shareholder and regulatory approvals, and the absence of any material adverse changes.
The most recent analyst rating on (SG:U10) stock is a Hold with a S$2.50 price target. To see the full list of analyst forecasts on UOB-Kay Hian Holdings Limited stock, see the SG:U10 Stock Forecast page.
More about UOB-Kay Hian Holdings Limited
UOB-Kay Hian Holdings Limited is a financial services company incorporated in Singapore. It primarily operates in the securities and investment industry, offering brokerage services and investment solutions across various markets.
Average Trading Volume: 840,395
Technical Sentiment Signal: Buy
Current Market Cap: S$2.47B
Find detailed analytics on U10 stock on TipRanks’ Stock Analysis page.