Guoco Group Limited

Guoco Group Limited

Guoco Group Limited, an investment holding company, provides principal investment, property development and investment, hospitality and leisure, and financial services. The company operates as a subsidiary of Guoline Overseas Limited. Principal Investment The company’s principal investment business includes equity and direct investments, as well as treasury operations. Its investment infrastructure includes synergistic analytical tools, risk management system, as well as management information system. Its treasury division focuses on global economic conditions, forex and interest rate trends, and strategic trading ideas. It also manages financial exposures of the company and hedging proposals. Property Development and Investment GuocoLand Limited (GLL) is the company’s property arm and operates in Singapore, China, Malaysia, and Vietnam. As of June 30, 2009, the company developed and sold 29 residential projects in Singapore, producing approximately 8,300 apartments and homes. In China, GLL has a land bank of approximately two million square metres in the cities of Beijing, Shanghai, Nanjing, and Tianjin. In Malaysia, GLL has established an embedded property operation through its Malaysia subsidiary, GuocoLand (Malaysia) Berhad, with property development, property investment, as well as hotel and resort holdings business. Hospitality and Leisure Business GuocoLeisure Limited (GL) is the company’s subsidiary in the hospitality and leisure business. GL’s operating assets include the Guoman Hotels group (Guoman) and Clermont Leisure (U.K.) Limited (Clermont Leisure) in the United Kingdom and rights to a royalty stream from the production of oil and gas in the Bass Strait in Australia. Guoman owns, leases, or manages 37 hotels (8,400 rooms) in the United Kingdom under two brands, the international deluxe Guoman brand, which includes four Central London landmark hotels with approximately 2,300 rooms, and the four-star ‘Thistle’ brand in 33 properties with 6,100 rooms in London and the provinces. In the Asia Guoman manages two hotels in Malaysia under the Thistle brand standard. Clermont Leisure is a licensed casino operator in the United Kingdom.

Contact Details

Office Address

Guoco Group Limited
50th Floor, The Center, 99 Queen's Road Central
Hong Kong, Hong Kong
Phone: (852) 2283-8833
Fax: (852) 2285-3233

Executives

Chairman

Quek Leng Chan

President and CEO

Kwek Leng Hai

Business Reviews for Guoco Group Limited

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