Hong Leong Bank on the prowl Group seeks M&As to give it a bigger regional presence


PETALING JAYA: Hong Leong Financial Group Bhd (HLFG) is on the lookout for merger and acquisition (M&A) opportunities in the region to give it a “significant” presence.

“We are scouting for opportunities in emerging high-growth markets like Indonesia and Thailand. We have the financial strength and balance sheet to support an M&A when the opportunity arises,” Raymond Choong, president and chief executive of HLFG, told StarBiz.

Unlock 30% Savings on Ad-Free Access Now!

Monthly Plan

RM13.90/month
RM9.73 only

Billed as RM9.73 for the 1st month then RM13.90 thereafters.

Annual Plan

RM12.33/month
RM8.63/month

Billed as RM103.60 for the 1st year then RM148 thereafters.

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Business , HLFG , HLB. , Raymond Choong , Tan Kong Khoon , banking

Next In Business News

Mid-East tensions to push up crude prices
Yinson Production inks US$1bil deal
Bursa Malaysia closes lower amid foreign selling
Port Klang fee hike boosts Westports outlook
Liew: Move beyond low-end manufacturing
SST unlikely to derail domestic growth
Press Metal set for growth amid supply constraints, hedging
Citi calls time on gold’s rally
Trump, Starmer agree to implement tariff-cutting deal
Invictus Blue crowned top local integrated agency

Others Also Read