Stocks to watch: SIA, Boustead, Ban Leong
The following companies saw new developments that may affect trading of their securities on Friday (Jun 13). Singapore Airlines (SIA): An Air India plane bound for London crashed moments…
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Leong
Hong Leong Bank forms private banking alliance with Lombard Odier
Bursa-listed Hong Leong Bank (HLB) – a subsidiary of Malaysian tycoon Quek Leng Chan’s Hong Leong Financial Group (HLFG) – on Monday (May 26) announced it has formed a strategic alliance…
Amara, Ban Leong pick IFAs for privatisation offers
Hotel group Amara and technology products distributor Ban Leong Technologies on Wednesday (May 7) separately announced that they have appointed independent financial advisers (IFAs) as…
Why a US-listed video game firm is paying a premium to take Ban Leong private
For over 30 years, one little-known wholesaler and distributor of technology products – including IT accessories, gaming components and smart technology – steadily built up its…
Hong Leong Finance sees over 300% growth in EV loans
Hong Leong Finance (HLF) announced that it has seen a more than 300 per cent increase in electric vehicle (EV) loans, from S$73 million in 2023 to S$314 million in 2024. Besides EV loans,…
Digging into the Kwek family tree behind CDL and other Hong Leong companies
AS THE boardroom tussle at CDL hots up, pitting executive chairman Kwek Leng Beng against his son and CEO Sherman Kwek and other board members, The Business Times takes a look at how…
Dynasty: Who’s who in the Kwek family tree behind CDL, Hong Leong
AS THE boardroom tussle at CDL hots up, pitting executive chairman Kwek Leng Beng against his son and CEO Sherman Kwek and other board members, The Business Times takes a look at how…
Hong Leong Asia H2 net profit rises 12.2% to S$38.2 million
HONG Leong Asia reported a net profit of S$38.2 million for its second half ended Dec 31, 12.2 per cent higher than the S$34.1 million recorded in the year-ago period. Revenue stood at…
Hong Leong Finance posts 10% rise in H2 profit to S$51.5 million, as net interest margin expands
HONG Leong Finance posted a 10 per cent rise in net profit to S$51.5 million for the six months ended December 2024. This was driven by an expanded net interest margin, at 1.6 per cent, on…
The unravelling of Hin Leong and OK Lim’s fall from grace
ONCE a giant in Singapore’s oil trading industry, the collapse of Hin Leong Trading (HLT) exposed a web of fraud, forgery and financial mismanagement. Founder Lim Oon Kuin – better known…
Hong Leong Asia appoints MOM perm sec Ng Chee Khern as board member
He is the brother of National Trades Union Congress secretary-general Ng Chee Meng INDUSTRIAL conglomerate Hong Leong Asia has appointed Ng Chee Khern, the permanent secretary at the…