This will make them a cornerstone investor alongside Alibaba, China state-owned Overseas Chinese Town Holding, and an associate company of Hong Kong-based Henderson Land Development.
GUOCOLAND'S net profit attributable to equity holders rose 24 per cent to S$183.7 million for the fourth quarter ended June 30, up from a restated S$147.5 million in the year-ago period, it announced on Friday.
