Xinfei

SINGAPORE (Oct 30): Hong Leong Asia’s consumer products unit Xinfei will undertake a restructuring exercise involving the cessation of its manufacturing and production activities after conducting a strategic review.

SINGAPORE (Aug 12): Hong Leong Asia has reported a 2Q net loss of $18.2 million compared to a net loss of $18.3 million a year ago as the operating environment in China and Asia continued to be challenging.

SINGAPORE (Aug 12): Hong Leong Asia swung into a 2Q net loss of $18.3 million from a gain of $638,000 a year ago.

SINGAPORE (May 13): Hong Leong Asia sunk to a net loss of $16.5 million for the 1Q ended March from earnings of $4.7 million a year ago.