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United States

Guoco Group Ltd (0053.HK)

0053.HK on Hong Kong Stock

90.90HKD
29 May 2017
Change (% chg)

HK$1.10 (+1.22%)
Prev Close
HK$89.80
Open
HK$90.10
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HK$90.90
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HK$90.10
Volume
10,000
Avg. Vol
14,278
52-wk High
HK$93.60
52-wk Low
HK$77.35

Latest Key Developments (Source: Significant Developments)

Guoco Group HY profit attributable HK$3.05 bln
Tuesday, 28 Feb 2017 04:45am EST 

Guoco Group Ltd <0053.HK>: HY profit attributable to equity shareholders of the company HK$3.05 billion versus HK$2.53 billion . Declared interim dividend of HK$1.00 per ordinary share . HY revenue HK$6.42 billion, down 34 pct . In malaysia "challenging operating conditions are expected to continue" . Recent volatility in hotel industry is expected to remain in months ahead . GL will continue with its hotel refurbishment programme and expects to launch three refurbished hotels next year .Price of oil will continue to impact GL's oil and gas royalty revenues.  Full Article

Guoco Group says Tang Hong Cheong appointed president & CEO<0053.HK>
Thursday, 1 Sep 2016 07:54am EDT 

Guoco Group Ltd <0053.HK>: Quek Leng Chan has relinquished his position as a director and the chairman of the board . Tang Hong Cheong has been appointed as a director and the president & CEO of the company . Kwek Leng Hai has been re-designated from president, CEO to the executive chairman of the board .  Full Article

Guoco Group says FY net profit hk$3.09 bln versus hk$4.63 bln<0053.HK>
Tuesday, 30 Aug 2016 08:57am EDT 

Guoco Group Ltd <0053.HK>: Says fy turnover hk$ 18.88 bln versus hk$33.77 bln . Guoco group-...more announcement of final results for the year ended 30 june 2016 <0053.hk> . Says fy net profit hk$3.09 bln versus hk$4.63 bln . Proposed final dividend of hk$3.00 per share . Expects to launch three refurbished hotels in the next year . Says in the global oil market, oil prices are not expected to recover significantly in the coming year .  Full Article

Guoco Group says Rank and 888 agreed to come together via all-share merger<0053.HK>
Wednesday, 10 Aug 2016 07:56pm EDT 

Guoco Group Ltd <0053.HK>: Under the terms of the proposal, Rank and 888 have conditionally agreed to come together via an all-share merger . Merger such that rank shareholders will receive 1.086 new 888 shares for each rank share held . For each william hill share held, each william hill shareholder would be entitled to receive GBP199 in cash and 0.725 new 888 shares .  Full Article

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BRIEF-Guoco Group HY profit attributable HK$3.05 bln

* HY profit attributable to equity shareholders of the company HK$3.05 billion versus HK$2.53 billion