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Hong Leong Asia unit Guangxi Yuchai included in US 'unverified list'

The Edge Singapore
The Edge Singapore • 2 min read
Hong Leong Asia unit Guangxi Yuchai included in US 'unverified list'
Photo: China Yuchai's corporate presentation
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Guangxi Yuchai Machinery, an indirect subsidiary of Singapore-listed Hong Leong Asia, has been included by the US government in its so-called “Unverified List”.

Guangxi Yuchai is a subsidiary of New York-listed China Yuchai International. It specialises in building diesel engines. Hong Leong Asia is the manufacturing and building materials holding company of the Kwek family.

The Unverified List is maintained by the Bureau of Industry and Security in the US Department of Commerce.

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