Guoco Group Limited (0053.HK) HKSE

69.50

-0.5(-0.71%)

Updated at December 24 12:08PM

Currency In HKD

Guoco Group Limited

Address

The Center

Hong Kong,

Hong Kong

Phone

852 2283 8833

Sector

Industrials

Industry

Conglomerates

Employees

10900

First IPO Date

May 03, 1983

Key Executives

NameTitlePayYear Born
Christian Karl NothhaftChief Executive Officer & Executive Director13.94M1965
Leng Hai KwekExecutive Chairman37.91M1953
Hong Yuen LiuGroup Chief Financial Officer0N/A
Sze Man LoCompany Secretary0N/A

Description

Guoco Group Limited, an investment holding company, engages in the principal investment, property investment and development, hospitality and leisure, and financial service businesses. The company's Principal Investment segment offers debt, equity, and direct investments, as well as treasury operations with trading and strategic investments in global capital markets. Its Property Development and Investment segment develops residential and commercial properties, as well as holds properties for rental income in Singapore, China, Malaysia, Vietnam, and Hong Kong. The company's Hospitality and Leisure Business segment owns, leases, and manages hotels; and operates gaming and leisure businesses in the United Kingdom, Spain, and Belgium. This segment owns and operates hotels under Amba, Guoman, Thistle, and Thistle Express brands, as well as operates Hard Rock Hotel London under a third party brand. It offers Mecca, a bingo operator in Great Britain with 82 venues and a digital channel, www.meccabingo.com that provides a selection of games from bingo to slot machines; Grosvenor Casinos, a casino operator with 52 casinos in Great Britain and one unbranded casino in Belgium, as well as its digital channel, www.grosvenorcasinos.com; and Enracha, which offers a range of popular games and sports betting through its 9 venues in Spain and its digital channels www.enracha.es, www.yobingo.es, and www.yocasino.es. Its Financial Services segment provides commercial and consumer, Islamic, and investment banking services; and life and general insurance, Takaful insurance, fund management and unit trust, corporate advisory, and stock broking services. The company also offers royalty entitlement of Bass Strait's oil and gas production, as well as manufactures, markets, and distributes health products. The company is based in Central, Hong Kong. Guoco Group Limited is a subsidiary of GuoLine Overseas Limited.