Guocoland's 4Q profit down 45%, plans 2 sen dividend
KUALA LUMPUR (Aug 26): Property developer Guocoland (Malaysia) Bhd’s final quarter ended June 30, 2016 (4QFY16) saw a 45% decline in net profit to RM94.
KUALA LUMPUR (Aug 26): Property developer Guocoland (Malaysia) Bhd’s final quarter ended June 30, 2016 (4QFY16) saw a 45% decline in net profit to RM94.
KUALA LUMPUR (July 5): Bertam Alliance Bhd is selling two parcels of freehold land at Batu 9, Cheras, with a collective land size of 47,930 sq m (11.
SINGAPORE (June 22): GuocoLand on Wednesday announced that 70% of retail space at Tanjong Pagar Centre has been taken up, ahead of the development’s scheduled completion in 3Q16.
SINGAPORE (May 17): GuocoLand is said to be in talks to buy a stake in the overseas unit of a Malaysian developer that is expected to go public later this year, according to Dow Jones reports.
THE Kuala Lumpur and beyond Kuala Lumpur (Selangor) office market remained stationary in 4Q2015, with looming supply casting a shadow on rental and occupancy rates.
SINGAPORE (Jan 6): GuocoLand Ltd and AccorHotels have signed a deal for the management of GuocoLand’s two newly-built hotels: the Sofitel Singapore City Centre at Tanjong Pagar Centre, Singapore, and the Sofitel Kuala Lumpur Damansara at Damansara City, Kuala Lumpur.
KUALA LUMPUR (Dec 23): Guocoland (Malaysia) Bhd, the property investment arm of Hong Leong Group, has appointed Datuk Kong Woon Jun, 52, as its managing director (MD) effective Jan 4, 2016, following the resignation of Tan Lee Koon, 41, who will assume another position in the Hong Leong group.
KUALA LUMPUR (Nov 27): GuocoLand (Malaysia) Bhd, the property arm of Hong Leong Group, is open to any “strategic partner” who can add value to its property developments.
Kuala Lumpur (Nov 26): GuocoLand Malaysia Bhd’s Damansara City Mall (DC Mall), part of the RM2.