GuocoLand in Talks to Buy Up to 30% Stake in Eco World International
Singapore-listed company is one of Southeast Asia’s major property developers
GuocoLand Ltd., one of Southeast Asia’s largest property developers, is in talks to buy a stake in the overseas unit of a Malaysian developer that is expected to go public later this year, people familiar with the talks say.
GuocoLand, which is controlled by Malaysia’s third-richest person, Quek Leng Chan, is in talks to buy up to a 30% strategic stake in Eco World International Bhd. as part of that company’s US$500 million initial...







