Construction Machinery and Heavy Transportation Equipment

Hong Leong Asia

DBS analyst maintains buy rating for Hong Leong Asia with target price of SGD 4.28

Hong Leong Asia successfully completed a private placement of 50 million new ordinary shares raising $145 million

Hong Leong Asia Granted SGX-ST Principle Approval to Issue New Shares to Raise Capital

Yuchai International Submits Its 20-F Annual Report for the Fiscal Year Ending December 31, 2025

Hong Leong Asia to Raise About 145 Million SGD Through Rights Issue

Hong Leong Asia Acquires Yong Tailong to Enhance Building Materials Portfolio in Singapore

DBS Research Suggests Buying Hong Leong Asia Stock

DBS Analyst Maintains Buy Rating on Hong Leong Asia

Hong Leong Asia Reports Revenue Growth in FY2025, Pushing Automation Projects, Plans for IPO

Hong Leong Asia released FY2025 9 Months Earnings on February 25 (SGT), with actual revenue of SGD 4.006 B and EPS of SGD 0.1127

Hong Leong Asia released FY2025 Q3 earnings on February 25, 2026 (SGT), with actual revenue of SGD 1.177 B and actual EPS of SGD 0.0379

Hong Leong Asia released FY2025 Q4 earnings on February 25 After-Market (SGT), actual revenue SGD 1.177 B, actual EPS SGD 0.0379

Hong Leong Asia released FY2025 Annual Earnings on February 25 After-Market (SGT), actual revenue SGD 5.182 B (forecast SGD 5.253 B), actual EPS SGD 0.1507 (forecast SGD 0.162)

Hong Leong Asia Reports 40% YoY Profit Growth in FY2025

Hong Leong Asia to Release FY2025 Annual Earnings on February 25, 2026 After-Market (SGT), Forecast Revenue SGD 5.253 B, EPS SGD 0.162

Hong Leong Asia Exceeds Profit Expectations and Launches AI Pilot

Hong Leong Asia released FY2025 Q1 earnings on August 12, 2025 (SGT), with actual revenue of SGD 1.414 B and EPS of SGD 0.0374

Hong Leong Asia released FY2025 Q2 earnings on August 12 After-Market SGT, actual revenue SGD 1.414 B, actual EPS SGD 0.0374

Hong Leong Asia released FY2025 Semi-Annual Earnings on August 12 After-Market (SGT), actual revenue SGD 2.829 B (forecast SGD 2.202 B), actual EPS SGD 0.0748

Hong Leong Asia to Release FY2025 Semi-Annual Earnings on August 12, 2025 (SGT), Forecast Revenue SGD 2.202 B

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Dale Lai from DBS has maintained a Buy rating on Hong Leong Asia (H22) with a price target of S$4.28. The analyst consensus for the stock is a Strong Buy, with a price target consensus of S$4.40. Lai, who covers the Real Estate sector, has an average return of 5.3% and a 53.19% success rate on his stock recommendations.

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Hong Leong Asia (H22) Receives a Buy from DBS

Hong Leong Asia plans to raise approximately $145 million through a placement of 50 million new ordinary shares at $2.90 each. The placement, which is not underwritten, will be offered to institutional and accredited investors. Net proceeds are estimated at $142.3 million after fees, with 80% allocated for corporate activities such as investments and acquisitions. The placement price reflects a 5.76% discount to the previous day's average price. Completion is subject to SGX-ST approval and must occur by May 11 unless extended.

Singapore Business Review

Hong Leong Asia plans $145m share placement

Hong Leong Asia has acquired Yong Tai Loong for approximately $90.7 million, enhancing its building materials portfolio in Singapore. The deal is expected to be earnings accretive and aligns with Hong Leong's strategy to strengthen urban solutions in the built environment sector. Yong Tai Loong, a supplier of various architectural products, has a strong order book supported by demand from Housing and Development Board and private residential projects. The acquisition will retain Yong Tai Loong's management team to ensure smooth integration.

Hong Leong Asia buys Yong Tai Loong for $90.7m

DBS analyst Dale Lai has maintained a Buy rating on Hong Leong Asia, setting a price target of S$3.90. The analyst focuses on the Real Estate sector and has an average return of 5.3% with a 52.21% success rate on stock recommendations. The consensus on Hong Leong Asia is a Strong Buy, with an average price target of S$4.13.

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DBS Remains a Buy on Hong Leong Asia (H22)

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On April 22, several companies in Singapore reported significant developments affecting their stock trading. DFI Retail Group's Q1 2026 profit rose 49% year-on-year, while Bumitama Agri noted that rising energy prices may benefit its business. Keppel Infrastructure Trust proposed S$200 million in notes at 2.8% per annum. Hong Leong Asia acquired Yong Tai Loong for S$90.7 million to enhance its urban solutions. OUE Reit reported an 8.4% increase in net property income. Suntec Reit experienced slowed convention bookings, and Nam Cheong announced the sale of two vessels for US$36.7 million.

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Stocks to watch: DFI Retail, Bumitama Agri, Keppel Infrastructure Trust, Hong Leong Asia, OUE Reit

Hong Leong Asia fully acquired the construction product supplier Yang Tailong for HKD 90.68 million in cash, aiming to expand its construction materials business in Singapore. Yang Tailong was established in 1972 and provides construction products that meet safety standards, including explosion-proof iron doors and fireproof steel doors. After the acquisition, Hong Leong Asia will retain Yang Tailong's management team to ensure smooth business integration. Following the acquisition announcement, Hong Leong Asia's stock price rose by 1.28%, closing at HKD 3.17

Zaobao

Hong Leong Asia acquires construction product supplier Yang Tailong for HKD 90.68 million | Lianhe Zaobao

Hong Leong Asia (HLA) has acquired Yong Tai Loong, a supplier of architectural building products, for S$90.7 million in cash, making it a wholly owned subsidiary. The acquisition, funded through external borrowings and internal funds, aims to enhance HLA's urban solutions capabilities and expand its building materials segment in Singapore. Yong Tai Loong, known for its bomb-shelter products and strong revenue growth, is expected to support HLA's growth in the local construction market. HLA shares rose 1.3% to S$3.17 following the announcement.

Hong Leong Asia acquires bomb shelter supplier Yong Tai Loong for S$90.7 million

Tengah Garden Residences, Singapore's first private condo in the developing Tengah New Town, will launch for public previews on April 11. The 863-unit development features one- to four-bedroom units priced from $980,000. Developed by Hong Leong Holdings, GuocoLand, and CSC Land Group, it includes nine 16-storey blocks with amenities like pools and clubhouses. The project is BCA Green Mark Platinum certified and offers smart home features. It has direct access to Hong Kah MRT station and is well-connected to major expressways. The area is set for significant growth with planned infrastructure and educational institutions.

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This new Tengah condo will launch from $980,000 - the first private condo in Forest Town

Hong Leong Asia(H22.SG)