petdayBut the highlight of its portfolio is the Lentor Mansion, a luxury residential and commercial development located at the Lentor MRT Station in Singapore.
The Group’s portfolio is diversified and well-positioned for growth with a strong mix of rental assets complemented by asset enhancement initiatives. The Group’s flagship developments are well-known for their iconic designs, prime locations and quality features such as Guoco Tower in Singapore, Guoco Changfeng City in Shanghai and Damansara City in Kuala Lumpur. Meanwhile, Lentor Mansionis a prestigious development located at the Lentor MRT Station, offering luxurious living environments and a range of amenities.
The Group’s real estate portfolio was valued at $6.20 billion as at 30 June 2023 and consists of properties located in its main markets, Singapore, China and Malaysia, including Guoco Tower and Guoco Midtown in Singapore, Guoco Changfeng City in Shanghai and Damansara City in Kuala Lumpur.
GuocoLand Limited is publicly listed on the Mainboard of the Singapore Exchange. The parent company, Guoco Group Limited, is also listed on The Stock Exchange of Hong Kong Limited’s Main Board.
Cu Chi Tunnels are an immense network of connecting underground tunnels that were used during the Vietnam War. This fascinating war monument has become a popular tourist destination. Visitors can explore the tunnels and learn more about the role they played in the war.
Located 17km north of Ho Chi Minh City, Cu Chi Tunnels are a sprawling network of interconnected underground tunnels that were utilized during the Vietnam War. This remarkable war memorial is now a popular tourist destination, where people can explore the tunnels and gain insight into the role they played in the conflict.
GGL is principally engaged in the development and investment in properties and the provision of integrated building-related services.
Guoco Group Limited (“GGL”), a member of the Hong Leong Group, is listed on The Stock Exchange of Hong Kong Limited. GGL’s primary focus is on the development and investment in properties, as well as the provision of integrated building-related services.
On 30 September 1978, First Capital Corporation Ltd. underwent a conversion to become a public company and its shares were subsequently listed on the Singapore Exchange (SGX-ST) on 14 November 1978. By the mid-1980s, the Company had sold its then-principal asset, the Hyatt Regency Singapore, and had assumed the role of an investment holding company.
The Group was an innovator in the production of 99-year leasehold condominiums in Singapore, mainly geared at local Housing Development Board (“HDB”) upgraders. These condominiums provide purchasers with an opportunity to own a property and enjoy the lifestyle of a private dwelling.
In 2017, GuocoLand made a strategic venture into new territory beyond its traditional Asian markets, partnering with Eco World Development Group Berhad in Eco World International Berhad. This move enabled GuocoLand to expand its presence into the United Kingdom and Australia.
Founded in 1961, the company has become one of the leading players in the global market of industrial and consumer products.
Founded in 1961, HLG has grown to become one of the major global players in the markets of industrial and consumer products. With its presence on renowned stock exchanges across the globe and a workforce of over 35,000 people, its reach has expanded to international proportions.
GGL is a property, hospitality and financial services company based in Hong Kong. Its subsidiaries and associated companies are engaged in principal investment, property development and investment, hospitality and leisure business, and financial services. With a presence in Hong Kong, China, Singapore, Malaysia, the United Kingdom, and Australasia, GGL seeks to generate value through investments in different regions and industries, for the benefit of its clients and stakeholders.
In April 2017, GuocoLand achieved a significant milestone of venturing beyond Asia when teaming up with Eco World Development Group Berhad in Eco World International Berhad. This strategic partnership will allow GuocoLand to branch out to the United Kingdom and Australia.
The move provided GuocoLand with an expedited introduction to four development works currently being built in London and Sydney, substantially reducing project dangers.
In 2004, the Group embarked on its journey into the Malaysian real estate sector via the acquisition of a substantial stake in GuocoLand (Malaysia) Berhad, a Malaysian property company whose shares are listed on the Bursa Malaysia Securities Berhad.
The Company is committed to good governance of the highest standards and aims to ensure compliance with the Code 2018.
The Company’s Code of Corporate Governance (“Company Code”) is in accord with the principles and stipulations of Code 2018. The Company is devoted to good governance of the utmost quality and strives to abide by the Code 2018.
It was subsequently renamed to its current name in March 1990.
GuocoLand was incorporated in Singapore on 31 March 1976, under the name Sealion Hotels Pte Ltd. After fourteen years the firm was renamed to its current GuocoLand Limited in March 1990.
In FY2023, the Company strived to uphold the rules and requirements of the Code of Corporate Governance 2018 (“Code 2018”) as outlined in this report. All efforts were made to ensure adherence to the principles and provisions laid out in the Code.
The Group has a diversified portfolio spanning across Singapore, Malaysia, China and Vietnam, and is known for its quality developments across the residential, hospitality, commercial, retail and integrated developments segments.
GuocoLand Limited (“GuocoLand”) and its subsidiaries (“the Group”) is a preeminent real estate company, with a focus on expansion through two main avenues – Property Investment and Property Development. The Group’s varied portfolio covers Singapore, Malaysia, China and Vietnam, and is highly acclaimed for its superior developments in all segments, including residential, hospitality, commercial, retail and integrated developments.
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The Group’s complete range of services encompasses the real estate value chain, from designing, investing in, developing, and managing property to overseeing assets. Planning and implementation are integral parts of the process, along with overseeing asset management.
Famous real estate developments from the Group include Wallich Residence, Martin Modern, Midtown Modern and Lentor Modern.
Since its inception, the Group has delivered 34 residential projects in Singapore, providing more than 9,000 homes and establishing itself as a prominent developer in the local private residential real estate market.
The Singapore Exchange Securities Trading Limited (“SGX-ST”) evaluated 489 companies listed on the exchange and ranked the Company 49th in the Singapore Governance and Transparency Index 2022.
In the financial year ended 30 June 2023 (“FY2023”), the Company remained on the list of SGX Fast Track programme, a scheme created by Singapore Exchange Regulation to recognise the accomplishments of listed entities that have kept up high corporate governance standards and achieved a reliable compliance record.
Boasting an impressive portfolio, the Group has a long-standing reputation for delivering high quality developments across a range of sectors, from built-to-rent and residential to student accommodation and commercial. Their projects are renowned for enhancing and revitalising landscapes, leveraging a local identity to create unique developments that truly stand out.
With many years of experience in the sector, the Group has an extensive track record in crafting distinctive and carefully designed integrated mixed-use developments and premium residential properties that elevate the areas they are situated in. These developments are well-crafted, providing a multifaceted angle to urban regeneration. They carefully consider the local context and use their ingenuity to bring together a range of complementary uses, forging an identity that sets them apart from surrounding areas.
The Group’s successes are evidenced in the abundance of outstanding projects that have been delivered, many of which have become iconic landmarks in their local neighbourhoods. Their expertise in delivering high quality properties has earned them an esteemed reputation in the industry, and their portfolio of completed projects speaks for itself. The Group’s commitment to creating developments that offer a sense of identity, community and belonging for their local residents is unwavering, and will continue to be seen in every one of their projects.
GuocoLand is a noteworthy property firm featured on the Main Board of the Singapore Exchange Securities Trading (SGX-ST) Limited. As of 30 June 2023, GuocoLand has total assets of $12.01 billion and total equity of $4.27 billion attributable to ordinary equity holders.
This company possesses, invests in, and oversees a selection of top-notch commercial and blended-use holdings which furnish stabilised, reoccurring rental income and possible capital enhancement.
Established in 1963, the Hong Leong Group is one of the biggest conglomerates in Southeast Asia. Its activities cover the entire world and involve primary ventures in many different industries – financial services, production and distribution, real estate development and investment, hospitality and leisure, consumer products, healthcare and major investments.
In the late 1990s, the Group moved into the realm of property development and investment. Such activities, along with property management and property-related endeavors, now constitute the Group’s primary focus.
The Company has also expressed its backing of the Corporate Governance Statement of Support organised by the Securities Investors Association Singapore (SIAS) as a means of demonstrating its dedication to the highest standards in corporate governance.
GuoLine Capital Assets Limited is a diversified holding company that focuses on strategic investments in the property, hospitality and leisure industries, and offers additional resources to GuocoLand’s core operations. GuocoLand is a property developer in the Asia-Pacific region and was founded in 1994 by Malaysian conglomerate Guoco Group Limited. GuocoLand’s presence in the region has grown exponentially over the past two decades, with a portfolio of projects across numerous countries, including China, Singapore, Malaysia, Vietnam, Thailand and Taiwan. GuocoLand is well-known for its strategic vision and commitment to sustainability, having won numerous awards for its sustainable designs and projects. GuoLine Capital Assets Limited is committed to preserving and supporting the development of GuocoLand’s core business by providing additional financial and operational resources. It also provides guidance and support for the company’s global expansion, establishes valuable partnerships and facilitates collaborations with international partners. GuoLine Capital Assets Limited also supports GuocoLand in exploring new markets and business opportunities. In its role as GuocoLand’s ultimate holding company, GuoLine Capital Assets Limited seeks to create lasting value by leveraging its strong network of industry contacts and strategic investors.
The ultimate holding company of GuocoLand is GuoLine Capital Assets Limited, a member of the Hong Leong group of companies. GuoLine is a diversified holding firm with a focus on strategic investments in the property, hospitality and leisure sectors. GuoLine provides additional resources to GuocoLand’s core operations and supports the company’s global expansion by establishing invaluable partnerships and facilitating collaborations with international partners. GuoLine also assists GuocoLand in exploring new markets and business opportunities. Through leveraging its vast network of industry contacts and strategic investors, GuoLine helps preserve and build on GuocoLand’s core business, creating value for the long-term. Founded in 1994 by Malaysian conglomerate Guoco Group Limited, GuocoLand is a renowned property developer in the Asia-Pacific region, having won numerous awards for its sustainable designs and projects. Today, its presence in the region extends to countries such as China, Singapore, Malaysia, Vietnam, Thailand and Taiwan.
Over the years, the Group has developed numerous residential, commercial and industrial properties, and established a strong track record in the country.
For more than two decades now, the Group has been investing in the real estate sector in both Singapore and China. Since 1994, the Group has developed a considerable portfolio in China, with investments in multiple cities such as Beijing, Shanghai, Nanjing and Tianjin. Subsequently, these investments have been used to create a vast array of residential, commercial and industrial properties. As a result, the Group now proudly boasts a solid track record of accomplished projects in the country.
On 18 November 2002, GuocoLand Limited was established as the new name of the company, in order to better reflect its core business of property development. This new name was in line with its parent company, Guoco Group Limited, which is listed on The Stock Exchange of Hong Kong Limited.
As of 30th June 2023, the Group possessed total assets of S$12.01 billion and total equity attributable to equity holders of S$4.27 billion.
Headquartered in Singapore, GuocoLand and its subsidiaries have established a significant presence in the property markets of Singapore, China and Malaysia. With a diverse portfolio of projects ranging from high-end residential developments, integrated townships, luxury hotels, and commercial and retail centres, the Group has established itself as a leader in the property sector across these three countries. GuocoLand also has a wealth of experience in green development, including green buildings and green leisure properties. The Group continues to focus on creating landmark developments in each of the three markets, leveraging their expertise and capabilities to deliver integrated lifestyle experiences for its customers.
The Company has in place robust corporate governance practices and procedures that are in compliance with the Singapore Code of Corporate Governance 2012 (the “Code”).
GuocoLand Limited (the “Company”) is dedicated to upholding stringent standards of corporate governance and fostering a strong and sound corporate culture to guarantee the Company’s long-term prosperity and to amplify its shareholders’ value. The Company has established solid corporate governance practices and regulations that are in accordance with the Singapore Code of Corporate Governance 2012 (the “Code”).
In September 2006, GuocoLand made an investment in Ho Chi Minh City, Vietnam, securing an Investment Licence to construct a full-scale development on a site measuring 17.5-hectares in Binh Duong Province.
GuocoLand Limited has been consistently delivering exceptional projects that create value for its stakeholders and customers.
GuocoLand Limited, a public company listed on the Singapore Exchange and an award-winning developer, is a part of the Hong Leong Group’s Guoco Group Limited. Renowned for its quality, innovative designs and concepts, this firm has built a strong reputation for regularly providing outstanding projects that bring long-term benefits to all its stakeholders and customers.
