Kim Eng Holdings
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| Company type | Public company (SGX: K50 ) |
|---|---|
| Industry | Investment Banking Corporate finance Asset Management Hedge Fund Services Property and Real Estate Insurance |
| Website | maybank-ke.com |
Kim Eng Holdings Limited is a securities and investment broker in Asia. It was incorporated in 1972 to provide stockbroking services in Singapore. The group's network coverage spans 10 countries; servicing institutional, corporate, high-net-worth and retail investors. Kim Eng Holdings is a full-fledged member of stock exchanges in Singapore, Hong Kong, Indonesia, Thailand, Philippines, Vietnam and India.
In January 2011, it was announced that Maybank has acquired Kim Eng for a sum of S$1.8 billion. Under the deal, Maybank is acquiring a 44.6 percent stake in Kim Eng Holdings at S$3.10 a share. This also translates to 15.44 percent from the CEO Mr Ronald Ooi and 29.19 percent stake from Yuanta Securities Asia Financial Services.[1]
Business activities
Through its various subsidiaries, Kim Eng offers financial services such as:
- Securities Trading
- Research
- Online Trading
- Share Financing
- Corporate Finance
- Custodian & Nominee Services
- Equity Derivatives & Structured Products
- Mutual Funds
- Hedge Funds
- Trust & Fiduciary Services
References
- ^ "UPDATE 4-Maybank buying Kim Eng for $1.4 bln to plug gap in broking". Reuters. 6 January 2011. Retrieved 17 November 2021.
External links
- Official website
- Top Thai broker Kim Eng Q2 net profit up 35 pct – Reuters
- S'pore's Kim Eng, Mitsubishi UFJ to form fund JV – Reuters India
- Mitsubishi UFJ to Raise Stake in Singapore's Kim Eng – Bloomberg
- Kim Eng Says Higher Thai Share Trading to Lift Profit – Bloomberg
- MUFJ unit takes big Kim Eng stake – Japan Times
- Kim Eng Securities' Hiang Hong Seah – Forbes