News about GuocoLand

SINGAPORE (March 27): Nearly 30 private housing sites were launched for sale in 2011, excluding executive condo sites.

KUALA LUMPUR (Feb 20): Eco World International Bhd (EWI), which is seeking a listing on Bursa Malaysia's Main Market, has signed three key agreements with GuocoLand Ltd (GuocoLand), the Employees Provident Fund (EPF), Permodalan Nasional Bhd (PNB) and six banks for its initial public offering (IPO) exercise.

SINGAPORE (Jan 20): Guocoland reported earnings of S$57.

KUALA LUMPUR (Jan 19): Gain from one land sale has lifted Guocoland (M) Bhd’s net profit to RM110.

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SINGAPORE (Nov 30): GuocoLand Ltd said its Chengdu subsidiary in China submitted the winning bid price of 3.

KUALA LUMPUR (Nov 18): GuocoLand (Malaysia) Bhd, which is controlled by tycoon Tan Sri Quek Leng Chan, saw net profit for the first quarter ended Sept 30, 2016 (1QFY17) fall near 99% year-on-year (y-o-y) to RM265,000 or 0.

Tycoon Tan Sri Quek Leng Chan, through his Singapore-listed vehicle GuocoLand Ltd, has agreed to take a 27% stake in Eco World International Bhd’s (EWI) initial public offering (IPO), slated to take place by March next year.

SINGAPORE (Oct 28): GuocoLand’s participation in Eco World Development Group’s planned IPO of Eco World International (EWI) has CIMB maintaining its “add” call with a target price of S$2.

KUALA LUMPUR (Oct 27): Eco World International Bhd’s (EWI) projects in UK have performed well despite concerns over the impact of Brexit on residential property demand in London, said its president and chief executive officer Datuk Teow Leong Seng.