Hong Leong Asia Ltd. (H22) said on Jan, 27 2026 that its indirect subsidiary, Guangxi Yuchai Marine and Genset Power Co., Ltd., has submitted an application to list its shares on the Mainboard of The Stock Exchange of Hong Kong Limited.
The proposed transaction is intended as a spin-off of the subsidiary from Hong Leong Asia. The company added that the Singapore Exchange Securities Trading Limited has indicated it has no comments on the plan based on current submissions.
Hong Leong Asia does not expect to seek shareholder approval for the spin-off, but the deal remains subject to regulatory clearances and market conditions. The firm said it will release further updates when appropriate.