Kim Eng Holdings Limited is a securities and investment broker in Asia. It was incorporated in 1972 to provide stock broking 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
Malayan Banking Berhad (doing business as Maybank) is a Malaysian universal bank, with key operating "home markets" of Malaysia, Singapore, and Indonesia. According to the 2020 Brand Finance report, Maybank is Malaysia's most valuable bank b ...
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 per cent stake from Yuanta Securities Asia Financial Services.
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
External links
* {{Official website, https://www.maybank-ke.com/
Top Thai broker Kim Eng Q2 net profit up 35 pct – ReutersS'pore's Kim Eng, Mitsubishi UFJ to form fund JV – Reuters IndiaMitsubishi UFJ to Raise Stake in Singapore's Kim Eng – BloombergKim Eng Says Higher Thai Share Trading to Lift Profit – Bloomberg
Financial services companies of Singapore
Mitsubishi UFJ Financial Group
Singaporean companies established in 1972