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Hazama Ando Buys Singapore Refurbishment Specialist QXY Resources to Bolster Southeast Asia Growth

Story Highlights
  • Hazama Ando acquired all shares of Singapore refurb specialist QXY Resources, expanding its regional presence.
  • The acquisition supports Southeast Asia-focused growth and earnings stability, with limited near-term financial impact.
  • Looking for the best stocks to buy? Follow the recommendations of top-performing analysts.
Hazama Ando Buys Singapore Refurbishment Specialist QXY Resources to Bolster Southeast Asia Growth

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The latest announcement is out from Hazama Ando ( (JP:1719) ).

Hazama Ando has acquired 100% of the shares of Singapore-based construction firm QXY Resources Pte. Ltd., a specialist in refurbishment projects across offices, commercial and educational facilities, as part of its strategy to reinforce its overseas operations. The deal deepens the company’s footprint in Southeast Asia by bringing in a profitable, highly regarded refurbishment player in Singapore, supporting Hazama Ando’s efforts to stabilize earnings and enhance long-term corporate value, while the immediate impact on its fiscal 2025–26 consolidated results is expected to be minimal.

The most recent analyst rating on (JP:1719) stock is a Buy with a Yen2135.00 price target. To see the full list of analyst forecasts on Hazama Ando stock, see the JP:1719 Stock Forecast page.

More about Hazama Ando

Hazama Ando Corporation is a Japan-based general contractor listed on the Tokyo Stock Exchange Prime Market, operating in the construction industry with a focus on domestic and overseas building and civil engineering projects. Under its Medium-Term Management Plan 2025, the group is pursuing greater business stability and long-term growth, particularly by strengthening its overseas business base in priority regions such as Southeast Asia.

Average Trading Volume: 765,054

Technical Sentiment Signal: Buy

Current Market Cap: Yen345.8B

See more insights into 1719 stock on TipRanks’ Stock Analysis page.

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