---
title: "Hong Leong Asia acquires construction product supplier Yang Tailong for HKD 90.68 million | Lianhe Zaobao"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/283519318.md"
description: "Hong Leong Asia fully acquired the construction product supplier Yang Tailong for HKD 90.68 million in cash, aiming to expand its construction materials business in Singapore. Yang Tailong was established in 1972 and provides construction products that meet safety standards, including explosion-proof iron doors and fireproof steel doors. After the acquisition, Hong Leong Asia will retain Yang Tailong's management team to ensure smooth business integration. Following the acquisition announcement, Hong Leong Asia's stock price rose by 1.28%, closing at HKD 3.17"
datetime: "2026-04-21T14:27:20.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/283519318.md)
  - [en](https://longbridge.com/en/news/283519318.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/283519318.md)
---

# Hong Leong Asia acquires construction product supplier Yang Tailong for HKD 90.68 million | Lianhe Zaobao

Hong Leong Asia has fully acquired the construction product supplier Yong Tai Loong for SGD 9.068 million in cash.

Hong Leong Asia announced on Tuesday (April 21) after the market closed that Yong Tai Loong, established in Singapore in 1972, has provided construction products for public and private housing over the years, including blast-resistant iron doors and vents that meet strict safety standards. The company is one of five vendors approved by the Housing and Development Board to supply indoor air-raid shelters.

The company's other products include fire-rated steel doors, iron grilles, retractable clothes drying racks, mailboxes, garbage chute covers, and bicycle racks.

As of Tuesday, Yong Tai Loong's issued and paid-up share capital is SGD 20.515 million, with a total of 20.515 million ordinary shares issued.

#### Further Reading

Revenue Growth Across Various Businesses, Hong Leong Asia's Net Profit Soars 49.6% Year-on-Year in the Second Half Hong Leong Asia Plans to Spin Off Subsidiary Guangxi Yuchai Marine Power for Hong Kong Listing

Hong Leong Asia pointed out that the acquisition of Yong Tai Loong and its incorporation into the group's construction materials product business is aimed at expanding the group's operations in Singapore by increasing the variety of product offerings.

The group will retain all key management teams and experienced staff of Yong Tai Loong to ensure the business continues to operate and integrate smoothly.

Hong Leong Asia's stock price rose 1.28% on Tuesday, closing at SGD 3.17

### Related Stocks

- [H22.SG](https://longbridge.com/en/quote/H22.SG.md)

## Related News & Research

- [Hong Leong Asia buys Yong Tai Loong for $90.7m](https://longbridge.com/en/news/283748207.md)
- [China tightens steel capacity rules as Thyssenkrupp exits US plant](https://longbridge.com/en/news/286786661.md)
- [08:03 ETCoalfire Launches the CMMC Partner Assurance Network (CPAN) to Strengthen Defense Industrial Base Readiness](https://longbridge.com/en/news/286908644.md)
- [Geo Energy signs coal offtake MoU with Trafigura](https://longbridge.com/en/news/286977671.md)
- [PTA-DD: Warimpex Finanz- und Beteiligungs AG: Managers' transactions announcement according to article 19 MAR](https://longbridge.com/en/news/286901864.md)