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GuocoLand Limited
Results
GuocoLand reports 1HFY2024 earnings of $66.2 mil, 12% higher y-o-y, as revenue surged by 61%
Earnings per share stood at 5.11 cents, up 15% y-o-y, on a fully diluted basis.
January 31, 2024
Broker's Calls
Bright spots in property likely to come from ECs, suburban condos in OCR and RCR and resale HDB flats: DBS
The brokerage has named CapitaLand Investment, CDL and GuocoLand as their top picks within the sector.
December 14, 2023
Property
JV comprising GuocoLand, Hong Leong and CSC Land wins tender of Lentor Central land parcel at bid price of $435.2 mil
The Lentor Central land parcel has a 99-year tenure and is zoned for residential use.
September 19, 2023
Property
GuocoLand, Frasers Property and Hongkong Land have the highest scores
GuocoLand and Frasers Property are strongly undervalued and could be investment-worthy stocks for investors.
September 14, 2023
Broker's Calls
DBS sees ‘exciting times ahead’ for GuocoLand, keeps ‘buy’ call
The analysts at DBS have kept their target price unchanged at $2.30.
September 07, 2023
Environmental, Social and Governance
GuocoLand secures $498.6 mil green facility for Lentor Gardens site development
With the latest facility, the group would have secured over $2.9 billion of green financing to date.
July 13, 2023
Environmental, Social and Governance
Frasers Centrepoint Trust secures $419 mil green loan from OCBC with carbon credits in tow
FCT says this is Singapore’s first green financing solution that comprises a green loan and carbon credits.
July 06, 2023
Environmental, Social and Governance
GuocoLand secures $974 mil green facility to refinance Guoco Tower, launches green finance framework
This is GuocoLand’s largest green facility to date. GuocoLand has secured more than $2.4 billion of green financing to date.
June 28, 2023
Property
GuocoLand-led JV wins tender of Lentor Gardens land parcel at bid price of $486.8 mil
The JV plans to build a residential development of about 530 units. It is expected to be ready for launch in 2H2024.
April 13, 2023
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