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Trades about 20% below its sector, cheaper than its peers on earnings.
Hong Leong Industries Berhad operates as an investment holding company, primarily engaged in the production and marketing of a wide array of consumer and industrial goods. The company boasts a significant international footprint, with operations spanning Malaysia, Australia, Vietnam, Thailand, Singapore, and other global markets. A core segment of its business involves the manufacturing, assembly, and distribution of motorcycles, scooters, and their associated components. HLI also serves as a key manufacturer and seller of ceramic tiles and fiber cement products. Furthermore, its operations extend to the distribution, trading, and provision of services for various marine-related items. Incorporated in 1964 and headquartered in Kuala Lumpur, Malaysia, the entity was initially known as Fancy Tile Works Limited before officially adopting the name Hong Leong Industries Berhad in 1979. The company functions as a subsidiary of Hong Leong Manufacturing Group Sdn Bhd.
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