Hong Leong Asia

Broker's Calls

DBS sees ‘dividend surprise’ for FY2024, reinstates ‘buy’ call on Hong Leong Asia

Analysts Derek Tan and Dale Lai have upped their target price to $1.28 from $1.02.

Broker's Calls

Brokers’ digest: Haidilao International Holding, CSE Global, Delfi

From Haidilao to Silverlake Axis, see what analysts have to say this week.
CGSI lifts Hong Leong Asia’s TP to $1.20 after ‘blowout’ 1HFY2024 results - THE EDGE SINGAPORE

Broker's Calls

CGSI lifts Hong Leong Asia’s TP to $1.20 after ‘blowout’ 1HFY2024 results

CGSI's Ong Khang Chuen sees improving prospects across Hong Leong Asia’s key business segments.
CGSI highlights construction names BRC Asia, Hong Leong Asia, Pan-United after National Day Rally speech - THE EDGE SINGAPORE

Broker's Calls

CGSI highlights construction names BRC Asia, Hong Leong Asia, Pan-United after National Day Rally speech

The construction sector is a potential beneficiary, say CGS International analysts Lock Mun Yee and Lim Siew Khee.

New appointments

Hong Leong Asia appoints Josephine Lee as group CFO

Shares in Hong Leong Asia closed 1.5 cents lower or 2.08% down at 70.5 cents on July 30.

Buybacks

China Yuchai approves US$40 mil share buyback plan

The company says it plans to fund the share buyback plan from its operating cash flow and its existing cash balance.

Broker's Calls

CGSI names SingPost, Centurion and Hong Leong Asia as value picks amid SGX revival proposal

The SGX can also consider tax incentives and adjusted listing fees for companies that improve their valuation, recommends CGSI.

Broker's Calls

CGS International keeps Hong Leong Asia at 'add' on multi-prong growth ahead

Construction demand in Singapore is seen to remain 'robust' for the coming five years
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