SGX:H22Machinery
Did Ending Its Note Programme and Pivoting to Data-Centre Engines Just Shift Hong Leong Asia's (SGX:H22) Investment Narrative?
Hong Leong Asia recently terminated its S$500.00 million medium-term note programme with no outstanding notes as of November 17, 2025, while its China Yuchai subsidiary launched new high-horsepower generator engines targeting data-centre backup demand.
These moves underscore the group’s focus on balance-sheet flexibility and on capturing infrastructure and data-centre powertrain opportunities, areas analysts view as important growth pillars.
Next, we’ll examine how Hong Leong Asia’s new...