Tag Archives: Guoline Overseas Ltd

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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