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GL Limited

Guocoleisure Holdings increases offer price for GL Limited shares to 80 cents per share - THE EDGE SINGAPORE

Offer

Guocoleisure Holdings increases offer price for GL Limited shares to 80 cents per share

Shareholders who accepted the offer at the earlier price are entitled to the final share price of 80 cents per share.
Guocoleisure Holdings offers 70 cents per share in privatisation offer for GL Limited - THE EDGE SINGAPORE

Offer

Guocoleisure Holdings offers 70 cents per share in privatisation offer for GL Limited

As at 12.50pm, shares in GL Limited are trading flat at 56 cents.

Results

GL Limited posts 15% drop in FY19 earnings to $70 mil

SINGAPORE (Aug 23): GL Limited, formerly known as GuocoLeisure, saw its earnings fall 15% to US$50.3 million ($69.7 million) for the FY19 ended June, from US$59.0 million a year ago.

Results

GL Limited records five-fold surge in 3Q earnings to US$24 mil on one-off gains

SINGAPORE (Apr 27): GL Limited, formerly known as GuocoLeisure, saw its earnings jump more than five-fold to US$24.0 million ($31.8 million) for the 3Q ended March, from US$4.4 million a year ago.

Broker's Calls

GL's potential for privatisation, asset disposal gets it a starting ‘buy’

SINGAPORE (Oct 31): UOB KayHian is starting GL Limited with a “buy” with $1.185 target price given its potential for privatisation as well as asset disposal.

Results

GL Limited 1Q earnings up 58% to $23.6 mil on absence of one-off provision

SINGAPORE (Oct 19): GL Limited, formerly known as GuocoLeisure, reported a 58% increase in earnings to US$17.4 million ($23.6 million) for the 1Q ended September, from US$11.0 million a year ago.

Broker's Calls

GL kept at ‘buy’ from Lim & Tan as sale of loss-making assets could have upside potential

SINGAPORE (Oct 16): Lim & Tan Securities is maintaining its “buy” recommendation on GL given its undemanding gearing ratio, attractive discount to its asset value, and potential upside from its sale of loss-making assets.

Results

GL Limited reports 28% fall in FY17 earnings to $66.4 mil as sales fall across the board

SINGAPORE (Aug 25): GL Limited, formerly known as GuocoLeisure, reported a 28% fall in FY17 earnings to US$49 million ($66.4 million) from US$67.6 million a year ago.

Results

GL Limited 3Q earnings up 26% to US$4.4 mil

SINGAPORE (April 21): GL Limited, formerly known as GuocoLeisure, posted a 26% increase in earnings to US$4.4 million ($6.1 million) for the quarter ended March 31, from US$3.5 million a year ago.
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