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GuocoLand Limited
Property
Guoco Midtown's office tower achieves TOP with 80% pre-commitment take-up
The integrated mixed development’s office portion spans some 709,000 sq ft over 30 storeys.
January 31, 2023
Company in the news
GuocoLand will not be exercising redemption option on first call date of $400 mil subordinated perpetual securities
There will not be a reset of the distribution rate of the securities on Jan 23, 2023, which will remain at 4.60% p.a.
December 17, 2022
New appointments
GuocoLand to appoint Quek Leng Chan as chairman of the board at upcoming AGM
GuocoLand's next AGM will take place on Oct 14.
September 29, 2022
Broker's Calls
'Potential securitisation' of GuocoLand's income-producing portfolio could be 'significant share price catalyst': DBS
DBS is keeping its "buy" call on GuocoLand with an unchanged target price of $2.30.
September 05, 2022
Results
GuocoLand sees FY2022 earnings more than double to $392.7 mil on higher net fair value gain
GuocoLand has declared a first and final dividend of 6 cents per share, payable on Nov 15.
August 30, 2022
Broker's Calls
DBS initiates 'buy' on GuocoLand as it looks to benefit from the office market recovery
A potential securitisation of GuocoLand’s income-producing portfolio is one way to drive the property developer's share price: DBS
April 05, 2022
Property
GuocoLand's JV tender for Lentor Hills Road land parcel accepted at bid price of $586.6 mil
The bid price translates to $1,060 psf per plot ratio.
January 26, 2022
Results
Guocoland earnings for 1H21 drop 69% to $22.9 mil on higher tax expense and lower revenue
Revenue for the half-year period stood 44% y-o-y lower at $319.6 million mainly due to lower progressive recognition of sales.
February 04, 2021
Results
GuocoLand's 2Q earnings treble to $32.4 mil as revenue doubles on higher sales activities
This brings the group’s half year earnings to $74.5 million, double that of $37 million for the corresponding period in the previous year.
January 16, 2020
Results
GuocoLand's 4Q earnings fall 42% to $141 mil on lower revenue & other income
SINGAPORE (Aug 27): GuocoLand announced earnings of $141.2 million for the 4Q ended June, down 42% from $244.8 million a year ago on lower revenue and other income.
August 27, 2018