He now holds a direct stake of around 3.18 million shares, equivalent to 0.19% of the company.
In addition, Wee has a deemed interest in another 173.7 million shares, giving him a total interest of nearly 176.89 million shares, equivalent to 10.56%.
On July 29, UOB reported earnings of $1.11 billion for the 2QFY2022 ended June, up 11% y-o-y, thanks to better margins and recovery in trading and investment income.
The bank declared an interim dividend of 60 cents per share, representing a payout ratio of 50%.
See also: Ho Bee Land’s executive director and CEO Nicholas Chua ups stake in company
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UOB shares closed Aug 23 at $27.51, up 0.66% for the day and up 2.15% year to date.
