Mitsubishi UFJ unit mulls selling Kim Eng stake

MarketWatch, 3 Apr 2011TOKYO (MarketWatch) -- Mitsubishi UFJ Securities Holdings Co. is considering selling off its 29.9% stake in Singapore brokerage Kim Eng Holdings Ltd., after Malaysia's top financial group said it would seek full ownership of the unit, a person familiar with the matter said Sunday.The contemplated sale comes as Mitsubishi UFJ Morgan Stanley Securities Co., which was launched