Tag Archives: Guoco Group

Rank adds finance expert Chew Seong Aun as a corporate advisor

SBC News Rank adds finance expert Chew Seong Aun as a corporate advisor

Rank Group Plc has announced a directorate change with Chew Seong Aun replacing Tang Hong Cheong as a company non-executive director. An expert in corporate finance, Seong Aun is the current group CFO and board member of Honk Kong-based private investment fund Guoco Group, the current majority shareholder of Rank Plc. Seong Aun has had a 30-year executive career in …

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Hong Leong Co cuts stake in Rank Group

SBC News Hong Leong Co cuts stake in Rank Group

Malaysia and Singapore Hong Leong Co investment subsidiary Guoline Overseas Ltd has today reduced its stake in gambling operator Rank Group Plc. The investment firm confirmed that it had sold 50 million shares at 185 pence in a rapid sale of shares for investment purposes (financial term -accelerated bookbuild). Business news sources report that Guoline Overseas has managed to raise …

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