Hong Leong Asia Ltd. (“HLA” or the “Group”) is a diversified Asian multinational with core businesses in Powertrain Solutions and Building Materials. Headquartered in Singapore and operating principally in China, Singapore and Malaysia, HLA was incorporated in Singapore on 30 August 1963, and listed on the mainboard of the Singapore Exchange (SGX: H22) since 1998.
How It All Began
Born in 1911 to a destitute family in his native Fujian Province in China, Mr Kwek Hong Png grew up under tough conditions on a farm. At the tender age of 16 and armed with only an $8 ticket, a straw mat and a quilt for warmth but embodying big hopes and dreams, he boarded a cargo vessel in Xiamen and made the arduous journey over to Singapore.
After working at a hardware store and gradually gaining experience over the years, he started Hong Leong in 1941 as a general trading firm dealing in ropes, paints, ship and rubber estate supplies. His entrepreneurial skills saw that the business grew to become one of Singapore’s largest conglomerates with interests in property, hotels, financial services and Trade & Industry. The Hong Leong Group, behind its name is a profound meaning in Chinese of a company with high growth potential and an abundance of opportunities to grow from strength to strength.