Hong Leong Asia Ltd. (H22) said on Apr, 21 2026 that it has completed the acquisition of 100% of Yong Tai Loong (Pte) Ltd., a home-grown architectural building products supplier, for approximately 90.7 million Singapore dollars in cash.
Founded in the 1950s, Yong Tai Loong is one of five Housing & Development Board-approved suppliers of household shelters and manufactures items such as blast-resistant steel doors, fire-rated doors, metal gates, letterboxes and refuse chute hoppers for residential projects in Singapore.
Hong Leong Asia said the purchase will broaden its building-materials portfolio, enhance its ability to serve Singapore’s built-environment sector and is expected to be earnings-accretive on a pro forma basis. The group plans to retain Yong Tai Loong’s management and workforce, noting the target company’s two semi-automated manufacturing facilities and growing order book.
Further details of the transaction are available in Hong Leong Asia’s filing with the Singapore Exchange.