HLG: A Global Conglomerate of Over 35,000 Staff – Lentor Mansion Lentor Gardens
In a move to expand its foothold in Singapore, Lentor Mansion Lentor Gardens.HLG has acquired a property known affectionately as ‘Lentor Mansion’. Comprised of well-maintained gardens and luxurious homes, Lentor Mansion and Garden offers residents a beautiful experience. With extensive facilities, residents can enjoy wide-ranging amenities such as swimming pools, tennis courts, fitness centers, clubhouses, and various other recreational features. The estate also offers a variety of restaurants and shopping options, with a variety of product and service offerings. HLG’s acquisition of this property signals a new direction for the firm and could prove to be a major asset. They are now well positioned to offer residents of Singapore an unparalleled luxury living experience.
HLG is a well-regarded firm with stocks traded on major stock exchanges around the world and an expansive staff of more than 35,000 employees. This company, founded in its home country, has expanded and earned a global presence.
GuocoLand is recognized as one of the leading property developers in Singapore. It is renowned for its pioneering role in setting new standards of excellence in the Singapore real estate industry.
GuocoLand, which is listed on the Mainboard of the Singapore Exchange, is part of the Guoco Group Limited, a company listed on the Main Board of The Stock Exchange of Hong Kong Limited. As one of the leading property developers in Singapore, GuocoLand has built an impressive reputation for its role in setting new standards of excellence in the Singapore real estate industry.
The Company has likewise backed the Corporate Governance Statement of Support convened by the Securities Investors Association Singapore (SIAS) to illustrate its dedication to excellence in corporate governance. By doing so, it aims to promote greater transparency, accountability and sustainability for its stakeholders.
GuocoLand is one of the most established property development companies in the Asia-Pacific region. The company is renowned for its sound corporate governance, strong financials and relentless commitment to innovation and sustainability. GuocoLand has won numerous awards and accolades for its exemplary projects and developments, including the prestigious FIABCI Prix d’Excellence Awards.
The ultimate parent company of GuocoLand is GuoLine Capital Assets Limited, a member of Hong Leong group of companies. GuocoLand is a respected property developer in the Asia-Pacific region, known for its strong corporate governance, robust financials and dedication to sustainability and innovation. The company has earned multiple prestigious accolades, including the FIABCI Prix d’Excellence Awards, in recognition of its outstanding projects and developments.
GGL is an investment holding and investment management company, headquartered in Hong Kong. Through its subsidiaries and affiliated companies, GGL specializes in principal investment, property development and investment, hospitality and leisure business, and financial services. GGL operates mainly in Hong Kong, China, Singapore, Malaysia, the United Kingdom, and Australasia.
Since 2004, the Group has also ventured into the Malaysian real estate sector through the acquisition of a sizeable stake in GuocoLand (Malaysia) Berhad, a major Malaysian property Group that is listed on the Bursa Malaysia Securities Berhad.
The Group is renowned for its success in developing remarkable integrated mixed-use projects and premier residential properties that bring about a positive change to their respective local areas. Their track record in this area is impressive, evidencing their ability to effectively improve the quality of the environments they work in.
The Group has established itself as a leader in the real estate market with its iconic residential projects such as Wallich Residence, Martin Modern, Midtown Modern and Lentor Modern. These projects each bring something unique to the market, from iconic views of the city to luxurious amenities and landscaping. With the Group’s impressive portfolio of residential developments, it stands as one of the most innovative and successful real estate developers in the market.
In September 2006, GuocoLand made an investment move into Ho Chi Minh City, Vietnam, after receiving an Investment License to create a fully integrated project in a 17.5-hectare area in Binh Duong Province. This investment serves as a testament to GuocoLand’s confidence in the potential of Ho Chi Minh City and surrounding regions.
In the late 1990s, the Group ventured into the field of property development and investment. Since then, development, investment, management and other related activities related to property have become the main focus of the Group. These endeavours have allowed the Group to expand its reach and gain significant experience in this industry.
Established in 1963, the Hong Leong Group (“HLG”) is a major conglomerate in South East Asia. It operates internationally, with core businesses in a variety of sectors including financial services, manufacturing and distribution, property development and investment, hospitality and leisure, consumer goods, healthcare and principal investments.
GuocoLand, a leading property developer headquartered in Singapore, and its subsidiaries have operations in three geographic markets: Singapore, China and Malaysia. GuocoLand’s presence in these key markets has solidified its standing as a successful and reliable property developer. The group’s projects in these areas range from residential, hospitality and commercial developments to mixed-use projects. With each venture, GuocoLand continues to leverage its expertise and experience to deliver quality developments.
GuocoLand is dedicated to creating places that are distinctive, attractive and sustainable.
GuocoLand Limited, a public company registered on the Singapore Exchange, belongs to the Hong Leong Group and is part of the Guoco Group. It is a recognised developer, recognised for its superior-quality designs and concepts, as well as its dedication to making places that are unique, attractive and sustainable.
In April 2017, GuocoLand achieved a noteworthy accomplishment in broadening its horizons beyond Asia, forming a strategic alliance with Eco World Development Group Berhad in Eco World International Berhad to establish a foothold in the United Kingdom and Australia.
This provided GuocoLand with prompt exposure to four development projects currently underway in London and Sydney, complete with greatly reduced project risks.
Since 1994, the Group has been actively involved in the real estate sector in China, investing in cities such as Beijing, Shanghai, Nanjing and Tianjin, as well as Singapore.
Over the past few years, Oxley Holdings Limited has established itself as a leading developer in the Singaporean private residential property market. The Group has successfully created and sold 34 residential projects in the country, providing more than 9,000 homes. This has cemented their reputation as a dependable and premier builder.
The Group has a diversified portfolio of properties in Singapore, Australia, United Kingdom, China and Malaysia.
GuocoLand Limited and its subsidiaries (the ‘Group’) are a prominent real estate group that centres around two key areas of growth – Property Investment and Property Development. The Group boasts a diverse range of properties located in Singapore, Australia, United Kingdom, China and Malaysia.
In 2017, GuocoLand made its move into new markets beyond Asia by entering into a partnership with Eco World Development Group Berhad, a subsidiary of Eco World International Berhad. This strategic move enabled GuocoLand to extend its reach into the United Kingdom and Australia.
This company owns, invests in, and manages a selection of well-regarded commercial and mixed-use properties, generating sustained, consistent rental income and offering possibilities for capital growth.
The Company has adopted a Code of Corporate Governance (“Company Code”), which encompasses the terms of reference for the Board of Directors and its Committees, in accordance with the guidelines and requirements of Code 2018.
GuocoLand, one of the major property firms listed on the Main Board of the Singapore Exchange Securities Trading Limited, reported total assets amounting to $12.01 billion and total equity attributable to ordinary equity holders of $4.27 billion as of 30 June 2023.
In July 1986, the Company changed its name to GuocoLand Limited and was converted into a public limited company.
GuocoLand Limited (“GuocoLand”) was founded in Singapore in 1976 as a private limited company under the name Sealion Hotels Pte Ltd. In July 1986, the organization underwent a transformation and was rechristened as GuocoLand Limited and converted into a public limited company.
During the financial year ended 30 June 2023 (“FY2023”), the Company maintained its status on the Singapore Exchange Regulation’s SGX Fast Track programme list. This programme was launched to recognise listed issuers which have upheld high corporate governance standards and maintained a good compliance record.
In FY2023, the Company has followed the rules and guidelines set forth in the Code of Corporate Governance 2018 (“Code 2018”) as detailed in this report. The principles enshrined in the Code 2018 have been adhered to throughout the period.
As at 30 June 2023, the Group’s total investment property portfolio was valued at $6.20 billion and spread across its three core markets of Singapore, China and Malaysia. Its notable properties include Guoco Tower and Guoco Midtown in Singapore, Guoco Changfeng City in Shanghai, and Damansara City in Kuala Lumpur.
The Group was a groundbreaker in the creation of 99-year leasehold condos in Singapore, predominantly catered to Housing Development Board (“HDB”) upgraders. This novel offering presented a unique opportunity to reside in an apartment that offered the comforts of home, while possessing the convenience and amenities of a condominium.
Situated 17km north of Ho Chi Minh City, is a vibrant and dynamic urban area known as Thu Duc. This bustling town offers a wide range of activities and attractions ranging from shopping centres to ancient temples. It is the perfect destination for visitors and locals alike, to explore and enjoy. Along with its multitude of attractions, Thu Duc also features a vibrant nightlife. A variety of bars and restaurants line the streets where guests can enjoy a variety of cuisines, from local specialities to international fare.
For those looking for more adventure, Thu Duc also offers plenty of outdoor activities such as hiking, biking and bird-watching. There are several nearby parks, including Binh Quoi Tourist Area, where you can wander around to take in the scenic views. A variety of historic sites, including the historic Thien Hau Pagoda, invite visitors to learn more about the history and culture of Vietnam.
So, if you’re looking for a dynamic urban area with plenty of activities to choose from, then Thu Duc is the place for you! With its vibrant nightlife, interesting attractions and outdoor activities, it is the perfect place to explore and have fun!
GGL specializes in real estate, hospitality, and financial services, and is an industry leader in the Asia Pacific region. The GGL portfolio consists of a variety of assets, including hotels, resorts, retail, commercial, and residential developments. The Group also has a presence in the hospitality and leisure industry with its portfolio of luxury properties, resorts, and spas. GGL is committed to developing the highest quality real estate projects and services that create value for its customers and stakeholders.
Guoco Group Limited (GGL), listed on The Stock Exchange of Hong Kong Limited and part of the Hong Leong Group, is an industry leader in the Asia Pacific region specializing in real estate, hospitality, and financial services. Its portfolio of assets is vast and varied, comprising hotels, resorts, retail, commercial, and residential developments, plus a presence in the hospitality and leisure industry with luxury properties, resorts, and spas. GGL is dedicated to creating value for customers and stakeholders by way of developing excellent development projects and services.
On 18 November 2002, GuocoLand Limited changed its name from its previous iteration in order to better reflect its focus on property development. This name change was also in line with that of its parent company, Guoco Group Limited, which is publicly listed on The Stock Exchange of Hong Kong Limited.
Formed on 30 September 1978, First Capital Corporation Ltd was converted into a public company and its shares were subsequently listed on the SGX-ST on 14 November 1978. In 1986, the Company ceased operating as its then principal asset, the Hyatt Regency Singapore, was sold. Following the sale, First Capital Corporation Ltd became an investment holding company.
The Company has thus put in place a set of corporate governance framework and practices that are designed to enhance the performance of the Company, strengthen the confidence of its shareholders as well as to promote a culture of integrity, accountability and transparency.
GuocoLand Limited (the “Company”) is dedicated to upholding high standards of corporate governance and building a strong corporate culture to ensure its long-term success and maximize value for its shareholders. To this end, the Company has implemented a comprehensive corporate governance framework and practices, with the aim of enhancing performance, engendering confidence among its shareholders, and promoting a culture of integrity, accountability, and transparency.
The Company was ranked 49th out of the 489 businesses listed on the Singapore Exchange Securities Trading Limited (“SGX-ST”) that were evaluated in the Singapore Governance and Transparency Index 2022.
, and operation and maintenance services.
The Group offers comprehensive services throughout the real estate value chain, ranging from planning and design, investment in properties, development of properties, property management, asset management, to operation and maintenance.
As of June 30, 2023, the Group’s total assets amounted to S$12.01 billion, with total equity attributable to ordinary equity holders standing at S$4.27 billion.…