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Hong Leong Asia
Broker's Calls
Analysts maintain 'buy' on Hong Leong Asia; expect transition to new energy space to drive long-term growth
HLA's subsidiary China Yuchai is developing new energy powertrains and recently signed a partnership to develop EVs.
August 19, 2021
Broker's Calls
DBS starts Hong Leong Asia at 'buy' on account of its promising growth story
Shares in Hong Leong Asia closed 3 cents higher or 3.1% up at 99.5 cents on June 7, or 0.8 times P/B, according to DBS’s estimates
June 07, 2021
New appointments
China Yuchai appoints Loo Choon Sen as new CFO
His appointment comes as former CFO Dr Thomas Phung Khong Fock tendered his resignation.
June 03, 2021
Broker's Calls
UOB Kay Hian starts Hong Leong Asia at 'buy' amid strong recovery wave and accelerating demand
Shares in Hong Leong Asia closed 2 cents lower or 1.9% down at $1.02 on April 28, or 0.8 times UOB Kay Hian’s estimates.
April 28, 2021
Broker's Calls
Broker's Digest: Samudera, Raffles Medical, Multi-Chem, iX Biopharma, Hong Leong Asia
See the analysts' recommendations and target prices here.
April 09, 2021
Broker's Calls
CGS-CIMB initiates coverage on Hong Leong Asia with 'add' call, TP of $1.18
CGS-CIMB is forecasting 54% NPAT growth in FY21 for HLA on strong diesel engine sales and construction activity recovery.
April 07, 2021
New appointments
Hong Leong Asia appoints Kwek Leng Peck's daughter as head of sustainability and corporate affairs
Shares in Hong Leong Asia closed flat at 80.5 cents on Jan 12.
January 12, 2021
Property
Hong Leong Asia subsidiary disposes China asset for $28.3 mil
Shares in Hong Leong Asia closed 1.5 cents lower, or 3.2% down, at 45.5 cents on September 30.
September 30, 2020
New appointments
Hong Leong Asia appoints Stephen Ho as new CEO
Hong Leong Asia has appointed Stephen Ho as their new CEO, succeeding outgoing CEO Tan Eng Kwee
July 22, 2020
Zest
Hong Leong Asia CEO Tan Eng Kwee resigns
His resignation will take effect on August 16.
July 16, 2020