UOB Kay Hian Securities (Thailand) (UOBKH) has announced that its board of directors, during a meeting No. 5/2568 held on November 12, 2025, at 11:00 AM, resolved to propose the company’s voluntary delisting from the Stock Exchange of Thailand (SET) for shareholder consideration.
The move comes after the firm’s public free float fell below the threshold required by the exchange, which mandates that at least 150 minority shareholders collectively hold no less than 15% of the company’s paid-up capital. UOBKH currently does not meet these criteria.
As of September 30, 2025, UOB-Kay Hian Holdings Limited and related parties held 450,813,734 shares, accounting for approximately 89.72% of total shares outstanding. Other shareholders collectively own 51,634,836 shares, or about 10.28%.
In response, UOBKH HOLDINGS plans to launch a tender offer to acquire all shares from minority shareholders as part of its voluntary delisting process, at a price of THB 8.17 per share. This offer price is not lower than the net asset value calculated in accordance with the SET delisting guidelines.
