Our
Business

Throughout the decades, our milestones have been marked by the economies we strengthened, the industries we powered, and the lives we enriched.

Power

Our energy portfolio spans renewable and thermal power, supported by transmission systems that strengthen regional grid stability across Asia.

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While we maintain a foothold in the thermal power sector with Cambodian Energy, our renewable power division Leader Energy is advancing support for the global path to net zero by 2050. 

Utility Scale Solar

Our large-scale solar assets form the backbone of our renewable portfolio, delivering reliable daytime energy across key markets in Asia.

Metal

Incorporated in 1970 under the previous founding shareholders, Alpha Industries Sdn Bhd ("Alpha") is a leading manufacturer of electrical grade copper rods and wires. Today, Alpha is a joint venture company comprising HNG Capital Sdn Bhd, Toyota Tsusho Corporation and Furukawa Electric Co Ltd.

Visit Alpha Industries

Sturdy & High-Quality Products

Stringent quality control systems are in place to ensure that all products are of impeccable quality and produced with the highest precision. Our copper rods and wires have achieved international standard certifications, including the British Standard BS 4109/BS.

Alpha is headquartered in Johor Bahru and has a second plant in Prai, Penang. It offers products such as copper rods, copper wires and copper welding wires. Through its strategic location in Johor and the proximity of ports from each of its manufacturing plants, Alpha can better serve customers across the whole Peninsular Malaysia, as well as export customers.

Hospitality

Our Hospitality division delivers unique offerings, from design-centric hotel experiences to fine dining gastronomic journeys.

Unforgettable Retreat & Dining Experiences

A specially curated dining experience awaits global food connoisseurs, offering the finest touches across a spectrum of settings – from the relaxed charm of a casual lounge to the sophisticated allure of a bar and the refined elegance of fine dining establishments.

Macalister Mansion, Penang

A refined reinvention of a century-old Penang heritage building, Macalister Mansion is a luxury lifestyle destination. With 8 well-designed rooms, this award-winning hotel blends colonial British charm with the allure of a European escape.

Visit Macalister Mansion

Property

We are committed to developing and investing in high-value real estate assets.

A Rich and Diverse Investment Portfolio

HNG Capital’s Property Division has developed and invested in property projects in Malaysia and Cambodia over the years, focusing on long-term investments that create functional and inspiring spaces for business.  

The portfolio includes a range of residential, commercial, and mixed developments, with a strong emphasis on quality, sustainability, and trusted delivery. 

Telecom Passive Infrastructure

In 2025, HNG Capital entered Indonesia’s fast-growing digital infrastructure sector, securing exclusive rights to develop, lease, and operate underground telecom passive infrastructure and micro cell poles across Bandung and beyond. The initiative introduces the use of a wheel trencher for trenching and excavation, reducing work hazards, speeding up deployment, and minimising road closure times that disrupt traffic, while enhancing urban connectivity through the transition of cabling systems underground.

Beyond Bandung, HNG Capital continues to expand its footprint across Indonesia, supporting the development of scalable and future-ready digital infrastructure. The focus is on enabling reliable, high-performance connectivity networks that support growing demand from broadband, 5G, and data-driven services, while improving urban efficiency and long-term resilience.

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