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Hong Leong Asia shareholders may benefit from secondary listing of diesel engine unit

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Vivienne Tay

Vivienne Tay

Published Wed, Apr 7, 2021 · 09:50 PM

Singapore

HONG Leong Asia (HLA)'s shares have risen almost 20 per cent this year, and the counter touched a new 52-week intraday high of S$0.92 on Wednesday. But at least one analyst thinks shareholders are still getting a bargain.

CGS-CIMB has initiated coverage on the conglomerate with an "add" call and a target price of S$1.18.

hong leong asiaConstruction

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