Guoco Group Ltd (0053.HK)
19 Oct 2018
Latest Key Developments (Source: Significant Developments)
Sept 3 (Reuters) - Guoco Group Ltd <0053.HK>::FY PROFIT ATTRIBUTABLE HK$ 4,899 MILLION VERSUS HK$ 6,124 MILLION.FY TURNOVER HK$35.59 BILLION, UP 53 PERCENT. Full Article
July 2 (Reuters) - Guoco Group Ltd <0053.HK>::UNIT OF HONG LEONG FINANCIAL GROUP REQUESTED THAT GUOCO BOARD PUT FORWARD A PROPOSAL WHICH WILL INVOLVE PRIVATISATION OF GUOCO.AGGREGATE TOTAL PRICE PAYABLE IN CASH FOR ALL SCHEME SHARES UNDER PROPOSAL IS ABOUT HK$12.49 BILLION.SCHEME SHAREHOLDERS ELECTING TO RECEIVE CASH ALTERNATIVE WILL BE ENTITLED TO RECEIVE A TOTAL PRICE OF HK$135 PER SCHEME SHARE. Full Article
Shares in Britain's Rank Group fell as much as 7 percent on Thursday after the bingo and casino hall operator posted a 40 percent drop in full-year profit and its new management announced a plan to boost revenue and cut costs.