Hong Leong Industries ("HLI") was incorporated as a
private limited company on 5 May, 1964 and commenced as a mosaic tile
manufacturer under the name of Fancy Tile Works Limited.
It was converted into a public limited
company on 13 March 1970 and was officially listed on the Stock Exchange of
Malaysia and Singapore (the predecessor of the Kuala Lumpur Stock Exchange
("KLSE") and the Stock Exchange of Singapore (the "SES") on 14 July, 1970).
In 1979 as part of a restructuring
exercise, the tile manufacturing operation was transferred to a wholly owned
subsidiary and the Company's current name was adopted.
HLI subsequently expanded its business
from the manufacture of mosaic tiles to become the industrial and consumer arm
of the Hong Leong Group Malaysia. It is now one of the four Intermediate Groups
of Hong Leong Group Malaysia.
After the separation of the KLSE and
the SES, listing on both stock exchanges was maintained until 1 January 1990,
when HLI was de-listed from the SES in accordance with KLSE listing
requirements.
KLSE has since been renamed as Bursa Malaysia Securities Berhad, as part of its
demutualisation.
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