Guocoland
GuocoLand’s rationale for privatising its Malaysian arm not strong
But the proposed move could be the SGX-listed group’s way of priming itself to be privatised in future
GuocoLand seeks to take Malaysian unit private at RM1.10 per share
This represents a 17.7% premium to GLM’s last-traded share price of RM0.935 on Jan 30, property developer says
Billionaire Quek Leng Chan said to weigh taking Guocoland Malaysia private
The 82-year-old Malaysian tycoon has a net worth of US$7.4 billion, according to the Bloomberg Billionaires Index
GuocoLand H1 net profit rises 14% to S$85.4 million despite lower revenue
EPS rises to S$0.0708 for the six-month period
DBS bullish on developers, hikes up target prices for CDL, UOL, GuocoLand
The increase comes on lower interest rates and plans by these firms to recycle capital and rejuvenate assets
GuocoLand and IOI Properties should pool assets worth S$12.5 billion for a Singapore office-led Reit
Leverage softer interest rates and the clamour for premier assets
Penrith sells 97% of project at average S$2,800 psf; Faber Residence moves 86% at average S$2,160 psf
Queenstown and Clementi projects ring up firm sales after near sell-out of Holland Village condo last week
Hong Leong Holdings to launch Penrith with prices from S$2,437 psf
The Queenstown project comprises 462 units ranging from two to four-bedroom apartments across two 40-storey towers
GuocoLand to launch Faber Residence with prices starting at S$1,995 psf
The project comprises 399 units of two- to five-bedroom apartments in nine five-storey blocks
Strong home sales power developers’ H1 earnings, analysts upbeat on firm sentiment, steady pipeline
Analysts raise calls and target prices for CDL, UOL, GuocoLand and agencies PropNex, Apac Realty