The Hong Leong Group is a globally-diversified company with gross assets of over S$40billion. It employs over 40,000 people across Asia-Pacific, the Middle East, Europe and North America. The Group’s four core businesses are property development, hotels, financial services and trade & industry.
The Group is recognised as an innovative key property player in Singapore. Through its Singapore-listed City Developments Limited (CDL) and privately-held Hong Leong Holdings Limited (HLHL), the Group holds the largest non-government residential land bank in Singapore. The Group is also ranked as one of the largest residential developers and biggest commercial landlords in Singapore’s core Central Business District.
The Group’s London-listed hotel arm, Millennium & Copthorne Hotels plc (M&C), is Singapore’s largest hotel group with over 150 hotels and some 36,000 rooms in over 20 countries. This puts the Group at the top of the league scoreboard among Asia’s leading hoteliers, and makes it the largest Asian-controlled hotel group outside of China.
Hong Leong Finance Limited is the listed financial services arm of the Group. As Singapore’s largest finance company, it has been providing financial services to customers for more than 50 years. From its roots of providing financial support to small local businesses, Hong Leong Finance has remained committed to serving corporate and individual customers with a suite of customer-centric financing solutions.
Listed on Singapore Stock Exchange since 1998, Hong Leong Asia Ltd is the Trade & Industry arm of the Hong Leong Group. Hong Leong Corporation Holdings, Hong Leong Asia’s immediate parent, started as a building materials supplier in Singapore in the 1940s and has grown into a major diversified industrial conglomerate with operations in China, Singapore, Indonesia and Malaysia. With over 80 per cent of its market beyond the shores of Singapore, Hong Leong Asia is well placed to leverage on its current position to scale greater heights.
Since its formation in 1980, Hong Leong Foundation has upheld the philosophy of giving back to society– a belief handed down by the Group’s founder, the late Kwek Hong Png, who felt that success should be shared. It was formed as the main driver of the Group’s philanthropic initiatives
The Foundation is also dedicated to other philanthropic causes including the arts, education, and sports.