Through its fully-owned subsidiary – Yuanta Securities Asia Financial Services (YSAF) – Yuanta Securities formed a strategic alliance with Singapore’s Kim Eng Holdings, achieving a cross-border securities-related partnership. Currently, YSAF holds a 29.2% stake in Kim Eng and is its single largest shareholder.
In order to simultaneously strengthen its international presence, in 2007 Yuanta participated in a Vietnamese broker, The First Securities, by an injection of capital and currently holds a 43.8% stake. Through The First Securities, Yuanta’s customers are able to invest in the Vietnam stock market.
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