Hong Leong Asia Ltd.
Hong Leong Asia Ltd. (SES: H22) is trading at S$2.74, about ₹206 at today's SGD/INR rate, as of 30 Sep 2026, 3:27 AM ET, up 0.37% today. Indian residents can buy Hong Leong Asia from India on Paasa under the RBI's Liberalised Remittance Scheme.
Quote
Today's low
S$2.73
Today's high
S$2.76
52 week low
S$1.97
52 week high
S$3.88
H22 opened at S$2.75, closed previously at S$2.73, and has traded between S$1.97 and S$3.88 over the past 52 weeks.
About
As an investment holding entity, Hong Leong Asia Ltd. undertakes the manufacture and commercialization of a diverse array of products, including diesel engines and related automotive components, construction materials, and rigid packaging solutions. Its business footprint extends across the People's Republic of China, Singapore, Malaysia, and other international regions. The company's Diesel Engines division is responsible for providing diesel engines and vehicle spare parts. Through its Building Materials segment, it produces and supplies essential elements such as cement, pre-cast concrete units, ready-mix concrete, and quarry products, specifically catering to public housing initiatives. Furthermore, the Rigid Packaging segment offers various plastic packaging items and container components. Beyond these core areas, Hong Leong Asia Ltd. also has interests in the hospitality sector and property development. The organization was founded in 1941, with its primary headquarters situated in Singapore, and functions as a subsidiary of Hong Leong Corporation Holdings Pte Ltd.
Key statistics
Avg. volume
1.85M
Market cap
S$2.19B
P/E Ratio
13.97
Price-to-sales ratio
0.40
Enterprise value
S$998.44M
Free cash flow yield
28.64%
Debt-to-equity ratio
0.60
Return on equity
10.34%
ROIC
3.61%
Beta
0.81
Dividend yield
2.19%
Last dividend
S$0.05
Financial overview
Revenue
S$5.18B
Earnings per share
S$0.15
Free cash flow
S$514.19M
Net profit margin
2.71%
Gross margin
20.77%
EBITDA
S$469.83M
Revenue growth
26.97%
Similar securities
This is not an investment recommendation
How to buy Hong Leong Asia from India
Indian residents can buy Hong Leong Asia shares through Paasa in four steps. Funds leave India under the RBI's Liberalised Remittance Scheme and the shares are held in your own name with Interactive Brokers.
Open a Paasa account
Complete digital KYC with your PAN, Aadhaar and address proof. Your brokerage account is opened in your own name with Interactive Brokers.
Add funds under LRS
Transfer INR from your Indian bank account. Your bank reports the remittance under the RBI's Liberalised Remittance Scheme and converts it to US dollars and then to SGD.
Search for Hong Leong Asia and place an order
Find Hong Leong Asia by name or by its ticker, H22, and choose an order type. Hong Leong Asia trades 6:30 am – 2:30 pm IST; orders can only execute during that window.
Track holdings and download tax reports
Follow your Hong Leong Asia position in SGD and INR, and use Paasa's capital-gains and dividend statements when you file your Indian return.
Read the full guide: how to invest in Hong Leong Asia from India
Trading and taxes when buying Hong Leong Asia from India
Trading and limits
- Trading hours
- 9:00 am – 5:00 pm SGT
- LRS limit
- $250,000Per financial year, under the RBI's Liberalised Remittance Scheme.
Tax for Indian residents
- TCS on remittance
- 20%Collected by your bank on LRS remittances above ₹10 lakh in a financial year. The TCS is adjustable against your income-tax liability.Adjusting TCS against your tax
- Capital gains in India
- 12.5% or slab rateGains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate.Capital gains explained
- Dividends
- Slab rateDividends are taxed at your slab rate in India. Singapore levies 0% withholding tax on dividends from resident companies. Hong Leong Asia’s current yield is 2.19%.Dividend tax explained
- Transaction tax
- Singapore levies no stamp duty or transaction tax on listed equities.
- Estate or inheritance tax
- May applySingapore imposes no estate or inheritance tax on listed securities.Estate tax explained
Custody. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
FAQs
Can Indian residents buy Hong Leong Asia stock?
Yes. Hong Leong Asia (H22) has been listed on the Singapore Exchange since 2000, in the Auto - Parts industry, and Indian residents can buy it through Paasa. You fund the account from your Indian bank under the RBI's Liberalised Remittance Scheme and the money is converted to US dollars and then to SGD. Shares are held in your own name at Interactive Brokers, segregated from Paasa's own assets.
How much does one Hong Leong Asia share cost in rupees?
One Hong Leong Asia share is S$2.74 — about ₹206 at an SGD/INR rate of 75.05 on 29 Sep 2026. Both the Hong Leong Asia price and the rupee rate move during the day, so the rupee cost changes with them.
What are the LRS and TCS rules for buying Hong Leong Asia from India?
Remit up to $250,000 per financial year under the RBI's Liberalised Remittance Scheme (LRS). Banks collect 20% tax at source on LRS remittances above ₹10 lakh in a financial year; the TCS is adjustable against your income-tax liability. FX and the LRS declaration are handled by your bank when you fund your account.
How are gains on Hong Leong Asia shares taxed in India?
Singapore does not levy capital gains tax on the sale of shares, ETFs or REITs, so the tax is an India-side one. Gains on shares held for more than 24 months are long-term and taxed at 12.5%. Gains on shares held for 24 months or less are short-term and taxed at your income-tax slab rate. The gain is computed in rupees using the SGD/INR rate on the purchase and the sale date, so the rupee move counts alongside the Hong Leong Asia price. Paasa issues a capital-gains statement for your return.
Does Hong Leong Asia pay a dividend, and how is it taxed in India?
Yes. Hong Leong Asia pays a dividend and the current yield is 2.19%; the last declared dividend was S$0.05 per share, about ₹3.75. Dividends are taxed at your slab rate in India. Singapore levies 0% withholding tax on dividends from resident companies. Paasa's dividend report lists the gross dividend and any tax withheld for each payment.
When can I trade Hong Leong Asia from India?
The Singapore Exchange trades 6:30 am – 2:30 pm IST in Indian time. Orders can only execute during that window.
Is there estate or inheritance tax on Hong Leong Asia shares held from India?
Singapore imposes no estate or inheritance tax on listed securities.
Are there transaction taxes when buying Hong Leong Asia?
Singapore levies no stamp duty or transaction tax on listed equities.
Do I have to declare Hong Leong Asia shares in my Indian tax return?
Yes. Foreign shares held on 31 March must be reported in Schedule FA of your Indian income-tax return. Paasa gives you a Schedule FA-ready statement listing your Hong Leong Asia holding, its cost and its closing value.
How do I sell Hong Leong Asia and bring the money back to India?
You sell during market hours (6:30 am – 2:30 pm IST) and the proceeds settle in SGD in your Paasa account. From there you can hold the balance, reinvest, or repatriate. Funds can be withdrawn in any currency to any bank account in your own name. Whether the sale is short- or long-term is decided by the 24-month holding period.