Hong Leong Asia Ltd. (H22.SI)
Hong Leong Asia Ltd. operates in the Auto - Parts industry of the Consumer Cyclical sector, headquartered in Singapore, CE, SG. The stock last traded at $3.18, up 2.58% on the session, giving a market capitalisation of $2.54B. Its beta of 0.81 implies it has historically moved less than the broad market.
As an investment holding entity, Hong Leong Asia Ltd. undertakes the manufacture and commercialization of a diverse array of products, including diesel engines and related automotive components, construction materials, and rigid packaging solutions. Its business footprint extends across the People's Republic of China, Singapore, Malaysia, and other international regions. The company's Diesel Engines division is responsible for providing diesel engines and vehicle spare parts. Through its Building Materials segment, it produces and supplies essential elements such as cement, pre-cast concrete units, ready-mix concrete, and quarry products, specifically catering to public housing initiatives. Furthermore, the Rigid Packaging segment offers various plastic packaging items and container components. Beyond these core areas, Hong Leong Asia Ltd. also has interests in the hospitality sector and property development. The organization was founded in 1941, with its primary headquarters situated in Singapore, and functions as a subsidiary of Hong Leong Corporation Holdings Pte Ltd.
Hong Leong Asia Ltd. is most often compared with the following Consumer Cyclical names: