GuocoLand

Insider moves

Quek family increases stake in GuocoLand, Amara CEO buys shares in the company

SINGAPORE (Nov 4): The Quek family, which controls GuocoLand, has increased its stake in the property developer following two off-market purchases.

Downtown Singapore is a new property playground

Property

Downtown Singapore is a new property playground

(Sept 29): Singapore’s property industry is coming to terms with the idea that, in about a decade, the city may no longer have a central business district. Landlords couldn’t be more chuffed.

Results

GuocoLand FY19 earnings fall 38% to $256 mil on lower sales and share of profit of associates

SINGAPORE (Aug 26): GuocoLand reported earnings of $255.7 million in FY19 ended June, down 38% from $413.2 million in FY18 on the back of lower sales and lower share of profit of associates and joi

GuocoLand unveils design for Guoco Midtown at Beach Road

Property

GuocoLand unveils design for Guoco Midtown at Beach Road

SINGAPORE (Apr 22): GuocoLand has unveiled the design of Guoco Midtown, the 950,600 sf mega mixed-use development at Beach Road.

Broker's Calls

Bukit Sembawang, Oxley and GuocoLand downgraded by Maybank on property curbs

SINGAPORE (July 10): Property stocks Bukit Sembawang, Oxley and GuocoLand have had their recommendations downgraded by Maybank Kim Eng in light of new measures to cool the property market and keep

Broker's Calls

Time is ripe for developers as housing demand remains strong: Maybank KE

SINGAPORE (June 20): Maybank Kim Eng is remaining positive on Singapore’s property sector on expectations of the recent home-price rally to continue, with buying opportunities arising from the curr

Results

GuocoLand posts 7% rise in 3Q earnings to $31.5 mil

SINGAPORE (Apr 26): Property group GuocoLand saw its earnings increase 7% to $31.5 million for the 3Q ended March, from $29.6 million a year ago.

Broker's Calls

GuocoLand gets welcome exposure to prime district 9 from acquisition of Pacific Mansion

SINGAPORE (Mar 20): Maybank and CIMB are maintaining their "buy” calls on GuocoLand following news of the developer’s joint en bloc acquisition of Pacific Mansion for a total of $980 million.

Broker's Calls

GuocoLand kept at 'buy' by Maybank on compelling valuation

SINGAPORE (Feb 5): Maybank Kim Eng is maintaining its "buy" on GuocoLand given its compelling valuation when compared to larger developer peers and office REITs.

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