Kim Eng Holdings
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.
| Company type | Public company (SGX: K50 ) |
|---|---|
| Industry | Stock broking Financial services Investment services |
| Founded | 1972 |
| Founder | Mrs Gloria Lee Kim Yew |
| Headquarters | 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 |
| Products | stock brokerage Warrants Investment Banking Corporate finance Asset Management Hedge Fund Services Property and Real Estate Insurance |
| Website | maybank-ke.com |
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.
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