Quek Leng Chan to Privatise Guocoland, Offers RM1.10 per Share

Billionaire Said to Consider Taking Guocoland Malaysia Private

Billionaire Quek Leng Chan’s Guocoland Ltd. offered to buy out minority shareholders in its property developer unit in Malaysia, citing a need for greater flexibility to streamline operations.

Quek Leng Chan to privatise Guocoland, offers RM1.10 per share

KUALA LUMPUR: GuocoLand (Malaysia) Bhd says on Tuesday it has received a proposal from Tan Sri Quek Leng Chan-owned group to privatise it at RM1.10 per share.

Billionaire Quek said to weigh taking GuocoLand Malaysia private

BILLIONAIRE Tan Sri Quek Leng Chan is weighing taking his property developer unit in Malaysia private, according to people familiar with the matter.

Billionaire Quek Leng Chan said to weigh taking GuocoLand Malaysia private

GuocoLand controls over 65 per cent of GuocoLand Malaysia’s shares. Read more at straitstimes.com.

Billionaire Quek Leng Chan to privatise GuocoLand at RM1.10 per share via selective capital repayment

KUALA LUMPUR (Feb 4): GuocoLand (Malaysia) Bhd's (KL:GUOCO) controlling shareholder GLL (Malaysia) Pte Ltd (GLLM) has submitted a proposal to the boa...

GuocoLand proposes to take Malaysia unit private at a premium

Singapore-listed real estate investment and development group GuocoLand Limited is looking to privatise Kuala Lumpur-listed GuocoLand (Malaysia) Berhad (GLM), according to bourse announcements filed on Feb 3. Entitled shareholders of GLM will receive RM1.10 (about $0.35) in cash per ordinary share, under the proposed privatisation.  GuocoLand’s wholly-owned subsidiary, GLL (Malaysia) Pte Ltd, currently owns 65.03% of GLM, which is listed on Burs…