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18-09-2023, 04:11 PM
Kim Eng Holdings public offering attracted S$23bil in subscriptions for an offering of S$29.3 million.
Company then expanded from Singapore to Malaysia, to Thailand, the Philippines, Indonesia, Vietnam, and India, becoming a household name in the stockbroking industry of the region.
Lee stepped down as chairman and a director of Kim Eng Holdings in 2008, at the age of 82, passing the helm to her son Ronald Ooi Thean Yat.
Maybank later acquired Kim Eng for US$1.4 billion. The company was taken private and rebranded as Maybank Kim Eng.
Story of the Kim Eng name was dropped in 2021, how this event concluding story ended in the brokerage’s history in Singapore.
Company then expanded from Singapore to Malaysia, to Thailand, the Philippines, Indonesia, Vietnam, and India, becoming a household name in the stockbroking industry of the region.
Lee stepped down as chairman and a director of Kim Eng Holdings in 2008, at the age of 82, passing the helm to her son Ronald Ooi Thean Yat.
Maybank later acquired Kim Eng for US$1.4 billion. The company was taken private and rebranded as Maybank Kim Eng.
Story of the Kim Eng name was dropped in 2021, how this event concluding story ended in the brokerage’s history in Singapore.
