HONG KONG: A major shareholder in Guoco Group, a Hong Kong investment company controlled by Malaysian tycoon Quek Leng Chan, has made an offer to take the company private for HK$8.25 billion ($1.1 billion), Guoco Group said in a statement on Wednesday. Star Business news
You may found it fr FR. I'll keep it for until it reach RM3. Guoco previous name is HL properties and the TP before 2008 reach 3.6++; I believe TanSri Quek have spend time to build the plan to become well developer. Guocoland Singapore (please review Guoco SG land back as well; quite positive) hold 100% of Guoco Malaysia. HL group is mother company, HLindustry cement fatory will operate ard this year Q2. Guocera produce some building materials and starting to promote their own branding now. There are lot history how quek manage business, he is big FOX. Just some background information, hope it help :)
Post a bounce in earnings with the launch of its “crown jewel”, the RM2.5bil Damansara City near Pusat Bandar Damansara, as well as rising property price & developing the 4,000 acre Sepang International City worth RM48bil (The Starbiz)
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
positive99
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Posted by positive99 > 2012-12-12 09:36 | Report Abuse
HONG KONG: A major shareholder in Guoco Group, a Hong Kong investment company controlled by Malaysian tycoon Quek Leng Chan, has made an offer to take the company private for HK$8.25 billion ($1.1 billion), Guoco Group said in a statement on Wednesday.
Star Business news
Is this Guoco and Guocoland the same company?