Kim Eng Holdings Explained

Kim Eng Holdings Limited
Type:Public company
Founded:1972
Founder:Mrs Gloria Lee Kim Yew
Location:Singapore
Area Served:Singapore, Hong Kong, London, New York, Thailand, Philippines, Malaysia, Indonesia, Vietnam, India
Key People:Gloria Lee Kim Yew
Founder and Advisor
Ronald Anthony Ooi Thean Yat
Chairman and CEO
Industry:Stock broking
Financial services
Investment services
Products:stock brokerage
Warrants
Investment Banking
Corporate finance
Asset Management
Hedge Fund Services
Property and Real Estate
Insurance
Homepage: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:

External links

Notes and References

  1. News: 2011-01-06. UPDATE 4-Maybank buying Kim Eng for $1.4 bln to plug gap in broking. en. Reuters. 2021-11-17.