Hong Leong Asia buys Singapore building-products firm Yong Tai Loong for about 90.7 million Singapore dollars

SGX Filings

Apr 21

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.

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