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Mitsubishi UFJ Securities agrees to form tie-up with Singapore's Kim Eng

11, 20. 2007

Mitsubishi UFJ Securities Co. has made an investment in Singapore's leading securities company Kim Eng Holdings and agreed to conclude a comprehensive tie-up contract between the two companies. Under the tie-up, Mitsubishi UFJ Securities will set up offices under franchise in Asia aiming at becoming a major player in the securities market of the region.
   Kim Eng, listed in securities exchanges in Hong Kong, Thailand, the Philippines and Indonesia, is one of the biggest securities houses in Southeast Asia. Mitsubishi UFJ Securities and Kim Eng will make efforts to establish cooperative relationship between the two companies by maintaining close contacts in the fast expanding Asian region.
   Kim Eng is also under a tie-up agreement with Yuanta Financial Holdings, its largest shareholder, and the tie-up between Mitsubishi UFJ Securities and Kim Eng will mark the first step toward establishing a coordination among the three companies.

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