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UOB Asset Management raises stake in Indonesian subsidiary to 85.71%
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UOB Asset Management raises stake in Indonesian subsidiary to 85.71%
  • UOB's wholly owned subsidiary UOB Asset Management subscribed for 250 million ordinary shares in PT UOB Asset Management Indonesia.
  • The rights issue subscription was priced at IDR 100 per share on July 2, 2026.
  • The capital injection increased UOB Asset Management's stake in the Indonesian subsidiary from 84.09% to 85.71%.
  • Subsidiary Chung Khiaw Realty was dissolved on August 13, 2026, as part of the group's ongoing rationalization.
  • The dissolution is not expected to materially affect group earnings for the financial year ending December 31, 2026.


Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. UOB - United Overseas Bank Ltd. published the original content used to generate this news brief via Singapore Exchange Limited (SGX) (Ref. ID: CRJ66CEB38QHTR3J) on November 03, 2026, and is solely responsible for the information contained therein.

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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