The group also owns an effective 68% stake in GuocoLand Malaysia and 27% of EcoWorld International, both of which are listed on Bursa Malaysia.
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.
GuocoLand, a member of the Hong Leong Group, offers investors good exposure to the strengthening residential and office markets in Singapore, says analyst Derrick Heng in a Friday report.
