News about OLA

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

KUALA LUMPUR (Nov 25): Kedah-based developer JKG Land Bhd’s flagship development in the Klang Valley, The Era Duta North, has received encouraging response with 50% of its 470-unit Block A booked within two weeks.

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.

KUALA LUMPUR (Oct 27): Eco World Development Group Bhd (EW Bhd) has entered into a strategic partnership with GuocoLand Ltd, a member of Hong Leong Group, for Eco World International Bhd’s (EWI) upcoming initial public offering (IPO) on Bursa Malaysia Securities Bhd.

SINGAPORE (Oct 24): Developer GuocoLand saw 1Q earnings fall 95% to S$25.

KUALA LUMPUR (Oct 19): Public Investment Bank Bhd Research has initiated coverage on UEM Sunrise Bhd with an “Outperform” rating and target price of RM1.

Sold for: RM1 million (RM943.