--- title: "Hong Lai Huat completes full divestment of Cambodia agribusiness" type: "News" locale: "en" url: "https://longbridge.com/en/news/278027027.md" description: "The group received the final $1.3m (US$1m) payment on 5 March.SGX-listed Hong Lai Huat Group Limited has completed the sale of its entire agriculture business in Cambodia.HLH Agri International Pte Ltd, a wholly-owned subsidiary of the group, received the final $1.3m (US$1m) payment from the buyer for HLH Agriculture (Cambodia) Co., Ltd. (HLHA) on 5 March.With this payment, the group has received the full $47.9m (US$37.5m) for the sales of HLHI (Cambodia) Company Limited and HLHA, officially ending its involvement in Cambodia’s agriculture sector.($1 = US$0.78)" datetime: "2026-03-06T04:39:23.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/278027027.md) - [en](https://longbridge.com/en/news/278027027.md) - [zh-HK](https://longbridge.com/zh-HK/news/278027027.md) --- # Hong Lai Huat completes full divestment of Cambodia agribusiness **The group received the final $1.3m (US$1m) payment on 5 March.** SGX-listed Hong Lai Huat Group Limited has completed the sale of its entire agriculture business in Cambodia. HLH Agri International Pte Ltd, a wholly-owned subsidiary of the group, received the final $1.3m (US$1m) payment from the buyer for HLH Agriculture (Cambodia) Co., Ltd. (HLHA) on 5 March. With this payment, the group has received the full $47.9m (US$37.5m) for the sales of HLHI (Cambodia) Company Limited and HLHA, officially ending its involvement in Cambodia’s agriculture sector. ($1 = US$0.78) ### Related Stocks - [CTO.SG](https://longbridge.com/en/quote/CTO.SG.md) ## Related News & Research - [VECTORAGR Advances Precision Agriculture in the U.S. with Next-Generation Agricultural Drone Technology](https://longbridge.com/en/news/286739314.md) - [ZAWYA: Tunisia unveils $55bln plan, with water and agriculture as top priorities](https://longbridge.com/en/news/286891521.md) - [ZAWYA: Silal Group’s Innovation Oasis celebrates the first graduates of the “Future Innovators Program”](https://longbridge.com/en/news/286759485.md) - [Jeremy Clarkson’s cider business is ‘bankrupting us’, claims rival](https://longbridge.com/en/news/286729099.md) - [Assessing Deere (DE) Valuation After Recent Share Price Pullback And Precision Agriculture Growth Story](https://longbridge.com/en/news/286754949.md)