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UOB Asset Management raises stake in Indonesian subsidiary to 85.71%

By Public Technologies
  • 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.

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