hong leong asia
Hong Leong Asia shares fall for second straight day despite strong H2 net profit
The counter drops as much as 7.9% to a low of S$2.81 on Thursday
Hong Leong Asia posts 48.6% rise in H2 net profit to S$56.8 million
The board has proposed a final dividend of S$0.03 per share
Barging blindly into Singapore’s construction boom could be a bust for some investors
Those dipping their toes in now are no longer buying the boom, but betting that these companies can manage their costs
Hong Leong Asia proposes spinning off Guangxi Yuchai Marine and GenSet Power on HKEX
But the group cautions that the listing is still subject to requisite approvals from the relevant regulatory authorities
Newly launched iEdge Singapore Next 50 Index posts 18% return in H2 to date
Average daily turnover for these stocks hits S$165 million in the year to Nov 4
Director of Hong Leong Asia unit resigns amid probe by authorities in China
Wu Qiwei, a former board member of China Yuchai International, is suspected of ‘serious violations of discipline and law’
Hong Leong Asia units’ director, ex-chief accountant detained in China; shares fall 12.3%
The company holds a 48.7% stake in China Yuchai International
Hong Leong Asia closes up 2.9% as UOBKH lifts target price on H1 earnings, data-centre exposure
The brokerage raises its target price for the group to S$2.82 from S$2.63
Hong Leong has ‘abundant opportunities’ for greater Shanghai, China collaboration: Kwek Leng Beng
These can include participating in the city’s government funds, with proceeds disbursed to companies in the high-tech innovation space or with global consumer connections
Hong Leong Asia H1 net profit rises 13.1% to S$56 million
Earnings per share stand at S$0.0749 for the period
