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HOCK LOCK SIEW

With his UOB Kay Hian deemed stake nearing 30%, will Wee Ee Chao make an offer?

CHAIRMAN and managing director of UOB Kay Hian, Wee Ee Chao, has been nibbling on the mainboard-listed brokerage shares in recent years, and now his gradually built-up shareholding is inching near the 30 per cent trigger point for a mandatory general offer.

Hence, one may wonder if the...