Hong Leong Bank Bhd - 5819(HLBANK)
Hong Leong Bank Bhd lists under Main Market of Bursa Malaysia. It has been classified in the Finance sector. The stock code uses in Bursa Malaysia is "5819" or identify by stock name of "HLBANK". More information about Hong Leong Bank Bhd can be found in their website (www.hlb.com.my).
|Final Dividend 27 Sen||31-10-2012||02-11-2012||20-11-2012|
|Final 15 cents||31-10-2011||02-11-2011||16-11-2011|
Hong Leong Bank, a public listed company on the Malaysian Stock Exchange, is a member of the Hong Leong Group (the Group). Headquartered in Malaysia, the Group has been in the financial services industry since 1968 through Hong Leong Finance Berhad and since 1982 through Dao Heng Bank Ltd in Hong Kong. Dao Heng Bank Ltd has since been sold to another banking institution. Today, the Group comprises a total of 14 listed companies worldwide with a combined market capitalization in excess of USD11 billion.
With more than 100 years of banking knowledge and experience, Hong Leong Bank has a strong market position and well-recognized business franchise. Hong Leong Bank, one of the leading local banks in Malaysia, has won many recognitions and accolades over the years: the Finance Asia 2002 Asia's Best Companies Award, the KPMG 2003 Shareholder Value Award, the CGC Top SMI Supporter Award 2004, the Asian Banker's Best Credit Card Product Award 2006 and the Best E-Banking Project 2007.
Hong Leong Bank Berhad started its humble beginnings in 1905 in Kuching, Sarawak, Malaysia under the name of Kwong Lee Mortgage & Remittance Company and later in 1934, incorporated as Kwong Lee Bank Limited. In 1989, it was renamed MUI Bank, operating in 35 branches. In January 1994, the Group acquired MUI Bank through Hong Leong Credit Berhad (now known as Hong Leong Financial Group Berhad). This milestone saw the birth of Hong Leong Bank and in the same year in October, Hong Leong Bank was listed on the Kuala Lumpur Stock Exchange.
In 2004, the finance company business of Hong Leong Finance Berhad was acquired by Hong Leong Bank. Today, the enlarged, merged entity has over 185 branches in Malaysia, Singapore and Hong Kong.
Hong Leong Group (the Group) is one of the largest business groups in Malaysia and internationally. The strong foundation and solid growth of the Group is attributed to the Power of Vision - the Vision of its Executive Chairman, Tan Sri Quek Leng Chan. Today that Vision is manifested and entrenched in the Group's corporate culture, which is firmly rooted on the Group's core values of quality, entrepreneurship, innovation, honour, human resource, unity, progress and social responsibility.
The Group believes in embedding itself in the country and community within which it operates. Through its financial services arm Hong Leong Financial Group Berhad, which comprises Hong Leong Bank, Hong Leong Islamic Bank, Hong Leong Assurance, HLG Capital and Hong Leong Tokio Marine Takaful, the Group is well positioned as an integrated financial services provider.
Hong Leong Bank on the prowl Group seeks M&As to give it a bigger regional ...
The Star Online
Tan Kong Khoon, the newly-appointed chief executive of Hong Leong Bank Bhd, added that unlike several years ago, “there are now more sellers than buyers for stakes in banks.” However, he added that the pricing of available banking assets were “still high.
Hong Leong Bank Q2 net profit up 2.4%
The Sun Daily
PETALING JAYA (Feb 26, 2014): Hong Leong Bank Bhd saw its net profit grow by 2.4% to RM520.29 million in second quarter ended Dec 31, 2013 (Q2 FY14), up from RM507.99 million a year before, due mainly to higher write-back of impairment losses from ...
Hot Stocks: Hong Leong Financial falls 1.3 % after 4Q results, HL Bank follows
Hong Leong's Q2 pre-tax profit dips to RM753.18 million
Hong Leong';s Q2 pre-tax profit dips to RM753.18 million
TA Research maintains 'sell' rating on Hong Leong Bank on lofty valuations
The Borneo Post
KUCHING: Hong Leong Bank Bhd (Hong Leong Bank) has garnered another 'sell' rating from the research arm of TA Securities Holdings Bhd (TA Research) on lofty valuations. Although the research arm believes the potential withdrawal of foreign funds from ...
HLIB profit fuels shares
The Star Online
LEE Jim Leng (pic), the managing director and CEO of Hong Leong Investment Bank Bhd (HLIB), has a very good reason to be happy about her work. She makes tons of money for the bank, boosted by a string of deals that she and her team helped arrange.
AirAsia kept at 'hold', fair value still seen at RM2.50
The Star Online
HwangDBS said its stock picks were Public Bank Bhd and Hong Leong Bank Bhd (HLB)/Hong Leong Financial Group (HLFG). It said Public Bank, the leader in domestic consumer and SME banking, was its top pick. It said Public Bank's leading position in the ...
Hong Leong keeps 'buy' call on La Farge
New Straits Times
KUALA LUMPUR: Hong Leong Investment Bank Research says higher cost may squeeze Lafarge (M) Bhd margins in the near term, despite the sustained demand for cement supply. "Lafarge's management remains confident that domestic cement demand ...
Cool retail sector may dampen HLB loan growth target
The Star Online
KUALA LUMPUR: Hong Leong Bank Bhd may miss its own 10% loan growth target this year, as retail demand cools down on economic worries and stricter lending curbs by Bank Negara. But the bank said there were still plenty of opportunities to keep loan ...
HLB's Q2 net earnings rise to RM520.2m
Yahoo Malaysia News
KUALA LUMPUR: Hong Leong Bank Bhd's (HLB) net earnings rose 24.2 per cent to RM520.28 million in the second quarter ended December 31 2013, from RM508 million a year ago. The bank has rewarded shareholders with a dividend of 15 sen a share.
Research firms retain OVERWEIGHT stance on PLANTATION sector
"We believe this is still the early stage of a bull market as funds have started to flow into the palm oil sector and valuation remain inexpensive," it said in a note yesterday, adding that its top picks include First Resources, Astra Agro Lestari, IOI ...
Disappointing report card for 4Q13
The Borneo Post
The research wing of Hong Leong Investment Bank Bhd (Hong Leong Research) shared the same sentiment, adding that within HLIB's universe, 26 companies were below expectations albeit more companies surprised on the upside. Meanwhile, Alliance ...