UOB-Kay Hian (SGX:U10) established an indirect subsidiary, UOB Kay Hian Insurance Advisors (Hong Kong) on Nov. 4, 2024, according to a Monday filing with the Singapore Exchange.
The Hong Kong-based company will focus on the provision of insurance services as an insurance broker and has a current paid up capital of HK$600,000.
UOB Kay Hian Overseas has a 100% stake in the new business, the filing added.