Asia300

Hong Leong Financial Group Bhd.

Malaysia

  • 1m
  • 3m
  • 6m
  • 1y
  • 2y
  • 5y
May 29, 2017
Prev close: 16.42
May 29, 2017
Market cap:
Market cap(USD):
18,842.22M
4,406.51M
Shares: 1,147.51M

Currency in MYR

Company profile

Market(Ticker): KLS(1082)
Sector:
Industry:
Finance
Finance/Rental/Leasing
Full time employees: --

Business summary

Hong Leong Financial Group Bhd. is an investment holding company, which engages in the provision of banking and financial services. It operates through the following segments: Commercial Banking, Investment Banking, Insurance, and Other Operations. The Commercial Banking segment involves in commercial banking business. The Investment Banking segment focuses on investment banking, futures and stock broking, and fund and unit trust management. The Insurance segment offers life and general insurance, and takaful businesses. The Other Operations segment focuses on investment holding and provision of management services. The company was founded on September 6, 1968 and is headquartered in Kuala Lumpur, Malaysia.

Company background

Hong Leong Financial Group is the holding company of the group's banking and financial services.

The group is part of the Hong Leong conglomerate, which runs businesses in Cambodia, China, Hong Kong, Singapore, Vietnam and the U.K. Its interests are in manufacturing, property development, leisure and investments.

In Malaysia, it operates midsize Hong Leong Bank, which acquired EON Bank in 2011. The company's Carsem Semiconductor business is one of the largest contract assemblers in the world, with plants in Malaysia and China. The group also owns Southern Steel, a leading steelmaker, and the Singapore-listed GuocoLeisure, which manages hotels under the Thistle brand in the U.K. and Malaysia. The company also has casinos in the U.K., notably the high-end Clermont Club.

The group's chairman is Quek Leng Chan, an ethnic Chinese and trained lawyer. His cousin Kwek Leng Beng is the chairman of Hong Leong Finance, Singapore's largest finance company.

In the news

Financial highlights

Jun 2016

  • Local currency
  • US Dollar
Revenue 8,436.42M
Gross profit --
Operating income 2,208.66M
Income before tax 2,565.03M
Net income 1,358.89M
EBITDA --
Diluted EPS 1.23
Dividends per share 0.38
Total assets 210,611.02M
Total liabilities 187,433.86M
Total equity 15,341.13M
Operating cash flow 2,044.01M

Currency in MYR

Revenue 2,040.51M
Gross profit --
Operating income 534.20M
Income before tax 620.40M
Net income 328.67M
EBITDA --
Diluted EPS 0.29
Dividends per share 0.09
Total assets 52,241.35M
Total liabilities 46,492.34M
Total equity 3,805.31M
Operating cash flow 494.38M

Currency in USD

Valuation measures

Jun 2016

PER 11.91
ROA 0.65%
ROE 9.55%
Operating margin 26.18%
Profit margin 16.10%

Key executive

  • President & Chief Executive Officer: Kong Khoon Tan
  • Chief Financial Officer: Seong Aun Chew
  • Secretary: Suat Moi Moh

Share holders

  • Hong Leong Company (Malaysia) Bhd.(51.9%)
  • Guoco Group Ltd.(25.3%)
  • Employees Provident Fund(1.5%)
  • QUEK LENG CHAN(1.0%)
  • Norges Bank Investment Management(0.7%)
  • The Vanguard Group, Inc.(0.7%)
  • Dimensional Fund Advisors LP(0.5%)
  • Eastspring Investments Bhd.(0.4%)
  • BIN SULAIMAN KHALID AHMAD(0.4%)
  • CHUAH CHUAN THYE(0.4%)

Address

  • Website: http://www.hlfg.com.my
  • Address: Level 8, Wisma Hong Leong, 18 Jalan Perak, Kuala Lumpur, 50450, Malaysia
  • Phone: +60.3.2164.8228

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