Home > Privatisation and Delisting of GL Limited Privatisation and Delisting of GL Limited GL Limited (“GL”) is an investment holding company that was listed on the Mainboard of the Singapore Exchange Securities Trading Limited (“SGX”) with a core business activity in hotel management and operations in the United Kingdom, and was 70.84% owned by Guoco Group as of 15 January 2021. The Guoco Group announced a voluntary conditional cash offer (the “Offer”) on 15 January 2021 for all the issued ordinary shares in the capital of GL (the “GL Shares”) at an offer price of S$0.70 per GL Share. The offer price was increased to S$0.80 per GL Share and the Offer was declared unconditional on 15 March 2021. The Offer closed on 1 April 2021 and the Group received valid acceptances pursuant to the Offer of approximately 95.62% of all GL Shares in issue as at the close of the Offer. On 2 June 2021, the Guoco Group completed the compulsory acquisition (the “Compulsory Acquisition”) of the GL Shares held by the shareholders who did not accept the Offer and GL became a wholly-owned subsidiary of the Group. GL was delisted from SGX on 14 June 2021. Please click HERE for published documents in relation to the Offer and the Compulsory Acquisition. Shareholders of GL who have questions relating to the payment in respect of their acceptance of the Offer or the Compulsory Acquisition should contact the following:- If your GL Shares were deposited with The Central Depository (Pte) Limited: By Email: asksgx@sgx.com By Phone: +65 6535 7511 By Post: The Central Depository (Pte) Limited Robinson Road Post Office, P.O. Box 1984, Singapore 903934 You may also refer to www.sgx.com/cdp for the list of FAQs. For scrip shareholders: By Email: gloffer@guoco.com By Fax: +852 2285 3233 By Post: Guoco Group Limited 50th Floor, The Center, 99 Queen’s Road Central, Hong Kong Investor Relations Announcements Annual & Interim Reports Email Alert Request To be kept up to date with the latest news of Guoco Sign up Sitemap|Personal Data Policy|Conditions of Use|Online Security & Privacy © Copyright 2021 Guoco Group Limited. All Rights Reserved. We use cookies to give you the best possible experience on our website. By continuing to browse this site, you consent to the use of such cookies.LEARN MORE