News about GuocoLand

PETALING JAYA (Aug 7): GuocoLand (Malaysia) Bhd's privatisation has been completed following the settlement of the offer price to entitled shareholders under its selective capital reduction and repayment exercise.

PETALING JAYA (July 17): Trading of GuocoLand (Malaysia) Bhd (GLM) shares on the Main Market of Bursa Malaysia Securities will be suspended from 9am on July 30, 2026, as the company moves to complete its proposed privatisation via a selective capital reduction and repayment exercise under Section 116 of the Companies Act 2016.

PETALING JAYA (July 14): GuocoLand (Malaysia) Bhd has received a High Court order confirming the reduction of its issued share capital under Section 116 of the Companies Act 2016 to give effect to its proposed privatisation via a selective capital reduction and repayment exercise.

PETALING JAYA (June 24): GLM REIT Management Sdn Bhd, the manager of Tower Real Estate Investment Trust (Tower REIT), announced a change in its shareholding following GuocoLand (Malaysia) Bhd’s divestment of a stake in the company.

KUALA LUMPUR (May 8): GuocoLand (Malaysia) Bhd (KL:GUOCO) slipped into its first quarterly net loss in four years despite a higher revenue, mainly due to a RM7.

KUALA LUMPUR (March 27): GuocoLand (Malaysia) Bhd (KL:GUOCO) said the proposal by its controlling shareholder to privatise the company will be tabled at an extraordinary general meeting  (EGM) on a date to be fixed later.

KUALA LUMPUR (Feb 4): GuocoLand (Malaysia) Bhd's (KL:GUOCO) controlling shareholder GLL (Malaysia) Pte Ltd (GLLM) has submitted a proposal to the board to privatise the property arm of the Tan Sri Quek Leng Chan-controlled Hong Leong Group via a selective capital reduction and capital repayment exercise at RM1.

KUALA LUMPUR (Feb 3): Shares of GuocoLand (Malaysia) Bhd have been suspended from trading from 9am on Tuesday pending an announcement, according to a Bursa Malaysia filing.

KUALA LUMPUR (Jan 29): GuocoLand (Malaysia) Bhd (KL:GUOCO), the property arm of Hong Leong Group, said its net profit fell 9.

KUALA LUMPUR (Jan 26): GuocoLand (Malaysia) Bhd (KL:GUOCO) managing director Noorbaizura Hermeyney has resigned effective Jan 24 (Saturday), after helming the property developer for close to two years.