B16 - GuocoLeisure Limited

GuocoLeisure Limited1, formerly BIL International Limited, is an investment company. It has five segments: investment, which include its interests in listed and other investments, and management of the business segments; oil and gas, which include its interest in the Bass Strait oil and gas royalty stream; property development, engaged in the development of land and properties on Fijian and Hawaiian islands for residential and tourism purposes; hotels, which include its interest in the Thistle/Guoman chain of hotels in the United Kingdom, and gaming, which include its interest in the casino betting operations in the United Kingdom.

Guoman Hotels is its principal investment. It operates 39 hotels (8,700 rooms) in the United Kingdom, 17 owned and leased, and 22 hotels under management contracts. On December 1, 2006, it acquired Clermont Club from Rank Group Plc. In November 2007, it established two subsidiaries, Guoman Hotels Group Limited and Guoman Hotel Management Group Pte. Ltd.

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SUMMARY

Industry Diversified Holding Companies
Address 20 Collyer Quay 16-02/03 Tung Centre Singapore 049319 Singapore
Phone 6564380002
Fax 6564350040

NEWS

  • October 17, 2008 - GuocoLeisure's Q1 profit up 23.8%2 - GuocoLeisure Ltd, part of the Hong Leong group, yesterday posted a 23.8 per cent increase in first-quarter net profit to US$17.7 million. Turnover for the period ended Sept 30 fell 29.4 per cent to US$113.6 million.
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