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Hong Leong Asia

Full company profile

uuid000thz1

Namestring
Hong Leong Asia
Legal namestring
Hong Leong Asia Ltd.
Websiteurl
hlasia.com.sg
Company typeenum
Public
Founded yearint
1960
Descriptiontext

Hong Leong Asia Ltd (SGX: HLA) is a Singapore-headquartered Asian industrial multinational operating through two core business segments — Powertrain Solutions and Building Materials — alongside smaller rigid packaging and air conditioning businesses. The company was established in 1960 as the Asian investment vehicle of Hong Leong Holdings Singapore and has been listed on the Singapore Exchange since 1989; FY2025 group revenue was S$5.2 billion, with net profit attributable to owners of S$112.8 million and equity attributable to owners of S$1.1 billion. Operations are anchored by wholly-owned Guangxi Yuchai Machinery Company Limited (powertrain solutions, Yulin, China) and majority-owned Tasek Corporation Berhad (cement and building materials, Ipoh, Malaysia), with additional wholly-owned operations including Dongguan Rex Packaging (China) and Fedders International (Singapore).

Powertrain Solutions supplies diesel and natural gas engines to commercial-vehicle, marine, and agricultural equipment markets via Yuchai, which introduced a high-pressure direct-injection pure ammonia internal combustion engine as a low-carbon extension of its powertrain portfolio. Building Materials Group operations span cement and construction products across Singapore and Malaysia, served through direct manufacturing and sales channels rather than disclosed third-party distribution. The company's stated positioning centers on "sustainable and innovative urban solutions for cities of the future," with sustainability reporting emphasizing low-carbon and circular-economy initiatives.

HLA's go-to-market is predominantly direct B2B: manufacturing occurs at owned production sites in China, Malaysia, and Singapore, and products are sold through regional direct-sales channels to enterprise customers across Southeast Asia and greater China. Pricing models are not publicly disclosed. Marketing and stakeholder engagement are conducted through the corporate website, investor relations communications, and annual and sustainability reports. The company presents itself as an established, financially disciplined multinational; no AI/ML capabilities, software products, or platform businesses are reflected in the disclosed product set.

Short descriptiontext

Hong Leong Asia Ltd is a Singapore-listed Asian industrial multinational operating Powertrain Solutions (diesel, natural gas, and ammonia engines for commercial vehicles, marine, and agricultural equipment) and Building Materials (cement and construction products) across Singapore, China, and Malaysia.

Operating statusenum
Operating
Ownership categoryenum
Headcount rangeband
1,001–5,000
akta.pro rankint
HeadquartersSingapore, Singapore
HQ citystring
Singapore
HQ countrystring
Singapore
HQ regionstring
Asia
Markets served

Serves global market

Offices7 records

Each record includes

City, Country, Type, Description, Source

Keyword5 values
diesel engine manufacturing, powertrain solutions, cement production, building materials, rigid packaging
Industry1 code
1Transmission & Transaxle Manufacturing (Manual/Automatic/DCT/CVT)
CodeIMACAHAEPrimaryYes
NAICS code2 codes
  • Engine, Turbine, and Power Transmission Equipment Manufacturing33361
  • Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing33341
SIC code2 codes
  • Motors & Generators3621
  • Special Industry Machinery (No Metalworking Machinery)3550
Product category
Industrial Engine and Building Materials Manufacturing
Social media profiles1 record
Marketing channels3 records

Each record includes

Title, Type, Stage, Description, Source

Distribution channels1 record

Each record includes

Title, Type, Scope, Target buyer, Description, Source

Cost components6 values
Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales
GTM typeB2B
B2B
Offering typeHardware or Manufacturing
Hardware or Manufacturing
Brand1 of 2 records shown
1Powertrain Solutions
Description

Manufacture and distribution of powertrain solutions including diesel and natural gas engines for commercial vehicles, marine vessels, and agricultural equipment.

hlasia.com.sg
+1 more record
Core offering1 text field

Hong Leong Asia Ltd manufactures and distributes engines and powertrain systems for commercial vehicles, marine vessels, and agricultural equipment through its subsidiary Guangxi Yuchai Machinery Company Limited. It also produces cement and related building materials through Tasek Corporation Berhad and its Building Materials Group in Singapore. Supporting operations include rigid packaging through Dongguan Rex Packaging Co., Ltd. and air conditioning systems through Fedders International Pte. Ltd.

Differentiator
Functional benefit
Problem solved
Product overview1 text field

Hong Leong Asia Ltd operates as an established Asian multinational conglomerate with two primary business segments: Powertrain Solutions and Building Materials. The company, headquartered in Singapore with operations across China, Malaysia, and other Asian markets, focuses on market leadership and financial strength while developing sustainable and innovative urban solutions for cities of the future. The Powertrain Solutions segment includes operations like Guangxi Yuchai Machinery Company Limited, while the Building Materials segment encompasses entities such as Tasek Corporation Berhad in Malaysia and the Building Materials Group in Singapore.

Product and service1 record
1Powertrain Solutions
Scale indicator3 records

Each record includes

Type, Value, Description, Source

Recent move4 records

Each record includes

Date, Type, Title, Description, Source

Expansion highlight4 records

Each record includes

Type, Description

Market position
Competitive moat4 records

Each record includes

Type, Details

Key risks6 records

Each record includes

Headline, Details, Source

Key highlights6 records

Each record includes

Headline, Details, Source

Customer concentration

Classification, Details

Segment2 records

Each record includes

Title, Type, Primary, Description, Pain point addressed, Use case, Source

Ideal customer profile2 records

Each record includes

Profile, Firmographic size, Sales motion, Sales cycle length, Buying structure, Purchase trigger, Buyer persona, Geography, Industry vertical, Primary use case, Description, Pain points, Evidence proof points, Target buyer

Technology focused
Yes
API detail
Has APIbool
No

Docs URL, Description

AI maturity
App detail

Has app

Feature1 record

Each record includes

Title, Differentiator, Description, Source

Core technology
Revenue estimate
Valuation estimate
Number of profiles
Profiles1 record

Each record includes

Name, Designation, Designation category, Overview, Profile commentary, Source

Subsidiaries5 records

Each record includes

Name, Acquired on, Relationship type, Type, Business focus

No data
Funding overview

Funding stage, Last funding date, Total funding USD

Funding rounds

Each record includes

Round, Amount USD, Date, Pre money valuation, Total investors, Investors, News

Investors

Each record includes

Name, Type, Date of entry, Rounds participated, Website

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A1 record

Each record includes

Name, Acquisition type, Announced date, Completed date, Status, Website, News

Investment

Each record includes

Name, Round, Announced date, Lead investor, Website, News

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Hong Leong Asia

Industrial Engine and Building Materials Manufacturinghlasia.com.sg

Hong Leong Asia Ltd is a Singapore-listed Asian industrial multinational operating Powertrain Solutions (diesel, natural gas, and ammonia engines for commercial vehicles, marine, and agricultural equipment) and Building Materials (cement and construction products) across Singapore, China, and Malaysia.

What Hong Leong Asia does

Hong Leong Asia Ltd (SGX: HLA) is a Singapore-headquartered Asian industrial multinational operating through two core business segments — Powertrain Solutions and Building Materials — alongside smaller rigid packaging and air conditioning businesses. The company was established in 1960 as the Asian investment vehicle of Hong Leong Holdings Singapore and has been listed on the Singapore Exchange since 1989; FY2025 group revenue was S$5.2 billion, with net profit attributable to owners of S$112.8 million and equity attributable to owners of S$1.1 billion. Operations are anchored by wholly-owned Guangxi Yuchai Machinery Company Limited (powertrain solutions, Yulin, China) and majority-owned Tasek Corporation Berhad (cement and building materials, Ipoh, Malaysia), with additional wholly-owned operations including Dongguan Rex Packaging (China) and Fedders International (Singapore).

Powertrain Solutions supplies diesel and natural gas engines to commercial-vehicle, marine, and agricultural equipment markets via Yuchai, which introduced a high-pressure direct-injection pure ammonia internal combustion engine as a low-carbon extension of its powertrain portfolio. Building Materials Group operations span cement and construction products across Singapore and Malaysia, served through direct manufacturing and sales channels rather than disclosed third-party distribution. The company's stated positioning centers on "sustainable and innovative urban solutions for cities of the future," with sustainability reporting emphasizing low-carbon and circular-economy initiatives.

HLA's go-to-market is predominantly direct B2B: manufacturing occurs at owned production sites in China, Malaysia, and Singapore, and products are sold through regional direct-sales channels to enterprise customers across Southeast Asia and greater China. Pricing models are not publicly disclosed. Marketing and stakeholder engagement are conducted through the corporate website, investor relations communications, and annual and sustainability reports. The company presents itself as an established, financially disciplined multinational; no AI/ML capabilities, software products, or platform businesses are reflected in the disclosed product set.

Hong Leong Asia firmographics

Firmographics
Name
Hong Leong Asia
Legal name
Hong Leong Asia Ltd.
Website
https://hlasia.com.sg
Company type
Public
Founded year
1960
Operating status
Operating
Headcount range
1,001–5,000 employees
Short description
Hong Leong Asia Ltd is a Singapore-listed Asian industrial multinational operating Powertrain Solutions (diesel, natural gas, and ammonia engines for commercial vehicles, marine, and agricultural equipment) and Building Materials (cement and construction products) across Singapore, China, and Malaysia.
Ownership category
akta.pro rank

Hong Leong Asia industry classification

Industry
Product category
Industrial Engine and Building Materials Manufacturing
NAICS
Engine, Turbine, and Power Transmission Equipment Manufacturing (33361), Ventilation, Heating, Air-Conditioning, and Commercial Refrigeration Equipment Manufacturing (33341)
SIC
Motors & Generators (3621), Special Industry Machinery (No Metalworking Machinery) (3550)
akta.pro primary industry
Transmission & Transaxle Manufacturing (Manual/Automatic/DCT/CVT) (IMACAHAE)

Keywords

  • Diesel engine manufacturing
  • Powertrain solutions
  • Cement production
  • Building materials
  • Rigid packaging

Where Hong Leong Asia is headquartered

Location

Headquarters

HQ city
Singapore
HQ country
Singapore
HQ region
Asia

Offices7 records

Markets served

Hong Leong Asia business model

Business model
GTM type
B2B
Offering type
Hardware or Manufacturing
Cost components
Supply Chain, Operations, Personnel, Technology or R&D, Infrastructure, Marketing or Sales

Distribution channels1 record

Marketing channels3 records

Hong Leong Asia product offering

Product offering

Core offering

Hong Leong Asia Ltd manufactures and distributes engines and powertrain systems for commercial vehicles, marine vessels, and agricultural equipment through its subsidiary Guangxi Yuchai Machinery Company Limited. It also produces cement and related building materials through Tasek Corporation Berhad and its Building Materials Group in Singapore. Supporting operations include rigid packaging through Dongguan Rex Packaging Co., Ltd. and air conditioning systems through Fedders International Pte. Ltd.

Product overview

Hong Leong Asia Ltd operates as an established Asian multinational conglomerate with two primary business segments: Powertrain Solutions and Building Materials. The company, headquartered in Singapore with operations across China, Malaysia, and other Asian markets, focuses on market leadership and financial strength while developing sustainable and innovative urban solutions for cities of the future. The Powertrain Solutions segment includes operations like Guangxi Yuchai Machinery Company Limited, while the Building Materials segment encompasses entities such as Tasek Corporation Berhad in Malaysia and the Building Materials Group in Singapore.

Differentiator

Problem solved

Functional benefit

Brands

  • Powertrain Solutions: Manufacture and distribution of powertrain solutions including diesel and natural gas engines for commercial vehicles, marine vessels, and agricultural equipment.
  • Building Materials

Products and services

  • Powertrain Solutions

Companies that use Hong Leong Asia

Customer profile

Segments2 records

Ideal customer profiles2 records

Hong Leong Asia technology and API

Technology

Technology focussed Yes

API detail

Has API
No
API docs
API detail

Core technology

AI maturity

App detail

Feature1 record

Hong Leong Asia partnerships and signals

Strategic signal

Scale indicators3 records

Recent moves4 records

Expansion highlights4 records

Hong Leong Asia competitors and assessment

Company assessment

Market position

Competitive moat4 records

Key risks6 records

Key highlights6 records

Customer concentration

Hong Leong Asia social profiles

Digital presence

Hong Leong Asia financial estimates

Financial estimate

Revenue estimate

Valuation estimate

Hong Leong Asia leadership team

Management profile

Number of profiles

Profiles1 record

Hong Leong Asia subsidiaries and ownership

Company hierarchy

Subsidiaries5 records

Hong Leong Asia funding detail

Funding detail

Funding overview

Funding rounds

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

Hong Leong Asia M&A and investment

M&A and investment

M&A1 record

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hong Leong Asia

What does Hong Leong Asia do?

Hong Leong Asia Ltd manufactures and distributes engines and powertrain systems for commercial vehicles, marine vessels, and agricultural equipment through its subsidiary Guangxi Yuchai Machinery Company Limited. It also produces cement and related building materials through Tasek Corporation Berhad and its Building Materials Group in Singapore. Supporting operations include rigid packaging through Dongguan Rex Packaging Co., Ltd. and air conditioning systems through Fedders International Pte. Ltd.

Is Hong Leong Asia a public or private company?

Hong Leong Asia is a public company. It is classified as public and is currently operating.

When was Hong Leong Asia founded?

Hong Leong Asia was founded in 1960. It employs 1,001 to 5,000 people.

Where is Hong Leong Asia based?

Hong Leong Asia is headquartered in Singapore, Singapore, in the Asia region.

Does Hong Leong Asia have an API?

No public API is recorded for Hong Leong Asia.

What industry is Hong Leong Asia in?

Hong Leong Asia's product category is Industrial Engine and Building Materials Manufacturing. Its primary akta.pro industry code is IMACAHAE, Transmission & Transaxle Manufacturing (Manual/Automatic/DCT/CVT). Its NAICS code is 33361 and its SIC code is 3621.

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Live signals
Simply Wall StHong Leong Asia (SGX:H22) Stock Rerates As Engine Margins StrengthenHong Leong Asia reported H1 2026 earnings of SGD91.9m, a 64% increase from the previous year, driven by a 17.6% rise in revenue to SGD3.1b and strengthened engine margins. The company highlighted growth in high horsepower engine sales for AI data centers and power generation, while noting pricing pressures at its MTU joint venture.The Business TimesHong Leong Asia H1 net profit surges 64.1% to S$91.9 millionHong Leong Asia reported a 64.1% increase in first-half net profit to S$91.9 million, driven by higher sales volumes in its building materials unit and strong engine sales from subsidiary Yuchai. Revenue rose 17.6% year-on-year to S$3.1 billion, supported by robust construction activities in Singapore and contributions from newly acquired subsidiaries. The group declared an interim dividend of S$0.03 per share and expects satisfactory performance for the remainder of the year amid healthy demand in Singapore, Malaysia, and China.The Straits TimesSingapore stocks rise, tracking regional gains; STI up 0.3%Singapore stocks rose on May 7, with the Straits Times Index gaining 0.3% to 4,941.96. Hongkong Land led gains at 9.2%, while Sembcorp fell 2.3%. Regional indexes also advanced, including Japan's Nikkei up 5.6%.The Business TimesIndustrials lead institutional inflows year-to-dateSingapore Exchange market research shows the industrials sector led institutional inflows for the first four months of 2026 with S$494 million in net inflows, as average daily turnover rose to S$407 million from S$294 million a year earlier, reflecting increased trading activity and improved market quality. Hong Leong Asia announced a placement of 50 million new shares at S$2.90 per share on April 29, raising approximately S$145 million in gross proceeds for general corporate purposes, business expansion and debt repayment. Green Build Technology also proposed a placement of 600 million new shares at S$0.016 per share to Helyon, a newly incorporated Singapore entity, raising gross proceeds of S$9.6 million, which would give Helyon a 63.68 percent controlling stake.The Business TimesStocks to watch: CLI, Mapletree Industrial Trust, Hong Leong Asia, Wing Tai, Metro, Aspial LifestyleSingapore-listed stocks reported mixed first-quarter developments: CapitaLand Investment saw fee-related revenue rise 10% to S$310 million in Q1, while Mapletree Industrial Trust posted an 8% drop in Q4 distribution per unit and announced S$500-600 million in planned North American divestments. Hong Leong Asia proposed a S$145 million share placement at a 5.8% discount, Wing Tai and Metro's construction arm won a Dunearn Road site tender at S$533 million, and Aspial Lifestyle announced its move to the main board with 34% profit growth in H2.The Business TimesStocks to watch: DFI Retail, Bumitama Agri, Keppel Infrastructure Trust, Hong Leong Asia, OUE ReitA Singapore market intelligence report covered multiple listed companies on Apr 22, with several posting positive quarterly results and strategic developments. DFI Retail Group reported a 49% year-on-year rise in underlying profit from continuing operations in Q1 2026, while OUE Real Estate Investment Trust posted an 8.4% increase in net property income to S$57.6 million for the same quarter. Hong Leong Asia announced the acquisition of architectural building products supplier Yong Tai Loong for S$90.7 million, and Keppel Infrastructure Trust proposed pricing S$200 million in notes at 2.8% per annum.The Straits TimesSTI falls 0.2% as local banks end lowerSingapore's Straits Times Index fell 0.2% to 5,002.72 on April 22, with local banks dragging down. Singtel was the worst performer at -1.6%, while Hong Leong Asia rose 7.3% after acquiring a bomb shelter supplier. Gainers edged out losers in the broader market.The Business TimesHong Leong Asia acquires bomb shelter supplier Yong Tai Loong for S$90.7 millionHong Leong Asia (HLA) has acquired building products supplier Yong Tai Loong for S$90.7 million in cash, purchasing 100% of the company's issued share capital from five individual shareholders. Yong Tai Loong, which manufactures bomb shelters, blast-resistant doors, and other building components for Singapore's HDB and private residential markets, becomes HLA's wholly owned subsidiary. HLA stated the acquisition aligns with its strategy to enhance urban solutions capabilities and grow its building materials segment in Singapore's built environment sector, noting the target's strong revenue growth record and order pipeline.MarketScreenerHong Leong Asia Ltd. acquired Yong Tai Loong Ltd. for SGD 90.7 million.Hong Leong Asia Ltd. acquired Yong Tai Loong (Pte) Ltd. from five Yong family members for SGD 90.7 million on April 21, 2026. The cash consideration of SGD 90.68 million was funded via external borrowings and internal funds, making Yong Tai Loong a wholly-owned subsidiary. As of December 31, 2025, Yong Tai Loong reported total common equity of SGD 34.4 million.The Business TimesHong Leong Asia shares fall for second straight day despite strong H2 net profitHong Leong Asia's shares declined by up to 17.4% over two days despite reporting a 48.6% increase in net profit for the second half of the year. The decline was partly attributed to concerns over the detention of a CYI director by Chinese authorities.