Hong Leong Asia fully deploys proceeds from 2018 rights issue

SGX Filings

Apr 21

Hong Leong Asia (H22) announced on Apr, 21 2026 that it has now fully deployed the 201.1 million Singapore dollars raised from its 2018 renounceable non-underwritten rights issue.

The company said the final unutilised balance of about 13.1 million Singapore dollars was applied to acquire 20.515 million ordinary shares in Yong Tai Loong (Pte) Ltd., in line with its mandate for general corporate purposes, including strategic investments and acquisitions.

Including this latest allocation, 60.0 million Singapore dollars was used for construction of a plant, 25.0 million Singapore dollars for repayment of other loans, and 14.0 million Singapore dollars for partial repayment of an acquisition loan, while a total of 102.1 million Singapore dollars supported general corporate purposes, strategic investments and acquisitions.

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers | Global Stocks, Options & Futures Trading App","description":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","keywords":"tiger brokers,tiger trade,tiger brokers singapore,broker online,stock trading in singapore,share trading singapore,brokerage firm singapore,trading app,stock broker singapore,stock trading platforms,trading account","social":{"ogDescription":"Tiger Brokers, one-stop investment in US stocks, SGX stocks, HK stocks, A-shares & other global assets. One of the best stock trading platforms in Singapore.","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.be62fbe1.png","ogUrl":"https://www.itiger.com/news/1138618796"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"SGP","license":"TBSG","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1138618796\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1138618796?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-04-21 19:14","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1138618796","market":"sg","top_or_hot":-1,"title":"Hong Leong Asia fully deploys proceeds from 2018 rights issue","media":"SGX Filings","content":"<p>Hong Leong Asia (H22) announced on Apr, 21 2026 that it has now fully deployed the 201.1 million Singapore dollars raised from its 2018 renounceable non-underwritten rights issue.</p>\n<p>The company said the final unutilised balance of about 13.1 million Singapore dollars was applied to acquire 20.515 million ordinary shares in Yong Tai Loong (Pte) Ltd., in line with its mandate for general corporate purposes, including strategic investments and acquisitions.</p>\n<p>Including this latest allocation, 60.0 million Singapore dollars was used for construction of a plant, 25.0 million Singapore dollars for repayment of other loans, and 14.0 million Singapore dollars for partial repayment of an acquisition loan, while a total of 102.1 million Singapore dollars supported general corporate purposes, strategic investments and acquisitions.</p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Hong Leong Asia fully deploys proceeds from 2018 rights issue</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nHong Leong Asia fully deploys proceeds from 2018 rights issue\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1083912268\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://community-static.tradeup.com/news/57d1beae95c40ebe9f2698a436562e39);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">SGX Filings </p>\n<p class=\"h-time\">2026-04-21 19:14</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p>Hong Leong Asia (H22) announced on Apr, 21 2026 that it has now fully deployed the 201.1 million Singapore dollars raised from its 2018 renounceable non-underwritten rights issue.</p>\n<p>The company said the final unutilised balance of about 13.1 million Singapore dollars was applied to acquire 20.515 million ordinary shares in Yong Tai Loong (Pte) Ltd., in line with its mandate for general corporate purposes, including strategic investments and acquisitions.</p>\n<p>Including this latest allocation, 60.0 million Singapore dollars was used for construction of a plant, 25.0 million Singapore dollars for repayment of other loans, and 14.0 million Singapore dollars for partial repayment of an acquisition loan, while a total of 102.1 million Singapore dollars supported general corporate purposes, strategic investments and acquisitions.</p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"H22.SI","symbol_name":"丰隆亚洲有限公司","start_time":0,"source_url":"","article_id":"1138618796","we_media_id":"1083912268","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1138618796","pubTimestamp":1776770075,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"SGX Filings","introduction":"Fastest News on SGX Filings ","home_visible":1,"id":"1083912268","head_image":"https://community-static.tradeup.com/news/57d1beae95c40ebe9f2698a436562e39"},"summary":"Hong Leong Asia (H22) announced on Apr, 21 2026 that it has now fully deployed the 201.1 million Singapore dollars raised from its 2018 renounceable non-underwritten rights issue. The company said...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"H22.SI":"丰隆亚洲有限公司"},"translate_title":"丰隆亚洲全面部署2018年供股所得款项","themeId":"","isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"H22.SI":1},"content_text":"Hong Leong Asia (H22) announced on Apr, 21 2026 that it has now fully deployed the 201.1 million Singapore dollars raised from its 2018 renounceable non-underwritten rights issue.\nThe company said the final unutilised balance of about 13.1 million Singapore dollars was applied to acquire 20.515 million ordinary shares in Yong Tai Loong (Pte) Ltd., in line with its mandate for general corporate purposes, including strategic investments and acquisitions.\nIncluding this latest allocation, 60.0 million Singapore dollars was used for construction of a plant, 25.0 million Singapore dollars for repayment of other loans, and 14.0 million Singapore dollars for partial repayment of an acquisition loan, while a total of 102.1 million Singapore dollars supported general corporate purposes, strategic investments and acquisitions.","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":null,"editions":null,"column":"","sentiment":"0","news_tag":"SGX","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}