![Iklan](https://elskynews.com/wp-content/uploads/2026/05/Altimet-RidhuanTee-LaguRaya-LaguRayaModen-HiburanMalaysia-SelebritiMalaysia-TrendingMalaysia-ViralMalaysia-MusicMalaysia-EntertainmentNews-1.png")
KUALA LUMPUR, JULY 2026 – Trading in GuocoLand (Malaysia) Bhd shares on Bursa Malaysia’s Main Market will be suspended from 9am on July 30, ahead of the property developer’s planned privatisation and delisting.
The company said July 29 will be the final day for investors to trade its shares before the suspension takes effect. Trading will remain suspended until GuocoLand Malaysia is removed from Bursa Malaysia’s official list following the completion of the privatisation exercise.
The suspension is intended to facilitate the company’s privatisation through a selective capital reduction and capital repayment exercise initiated by its controlling shareholder, GLL (Malaysia) Pte Ltd.
Under the proposal, eligible shareholders will receive RM1.10 in cash for every existing GuocoLand Malaysia share held on the entitlement date. The privatisation proposal was first announced in February 2026 and was subsequently approved by shareholders on May 29.
The exercise covers approximately 244.95 million shares, representing about 34.97 per cent of the company’s issued shares. The estimated capital repayment to eligible shareholders amounts to RM269.45 million.
The High Court of Malaya confirmed the reduction of GuocoLand Malaysia’s issued share capital on July 13 under Section 116 of the Companies Act 2016, clearing another key requirement for the proposed privatisation.
The privatisation will take effect after an official copy of the sealed court order is lodged with the Registrar of Companies. The entitlement date and related payment arrangements form part of the final implementation process.
GuocoLand Malaysia said shareholders will be notified regarding the trading suspension and entitlement arrangements. Once suspended, its shares will no longer be traded on the Main Market before the company’s eventual delisting.
GLL Malaysia is wholly owned by Singapore-listed GuocoLand Ltd. GuocoLand Malaysia serves as the property arm of Hong Leong Group and develops residential townships, commercial properties and integrated developments in Malaysia.
The company’s shares closed unchanged at RM1.09 on July 16, slightly below the RM1.10 cash consideration offered under the privatisation proposal. Its market capitalisation stood at approximately RM763.5 million.
