- Hong Leong Asia’s annual report said the group’s Powertrain Solutions business saw growth in demand for backup generators used in data centers and semiconductor fabrication plants in China and Southeast Asia.
- China Yuchai’s marine and genset unit, Guangxi Yuchai Marine and Genset Power, filed for a potential spin-off listing on the Hong Kong Stock Exchange.
- In Singapore, the Building Materials business reported higher precast deliveries as construction projects ramped up, while ready-mix concrete output was affected by delays in capacity replacements in the first half of the year.
- Malaysia operations cited cost pressures linked to an expanded sales and service tax and stricter enforcement of zero overloading for commercial vehicles, with Tasek responding through efficiency measures and price increases.
- The report also said the group advanced automation and AI initiatives, including an autonomous wheel loader and automated truck scheduling, and planned a new high-capacity ready-mix concrete batching plant targeted to start operations in early 2027.
Disclaimer: This news brief was created by Public Technologies (PUBT) using generative artificial intelligence. While PUBT strives to provide accurate and timely information, this AI-generated content is for informational purposes only and should not be interpreted as financial, investment, or legal advice. Hong Leong Asia Ltd. published the original content used to generate this news brief on March 25, 2026, and is solely responsible for the information contained therein.