Shares of GuocoLand (Malaysia) Bhd were suspended from trading from 9am on Tuesday, pending a company announcement, according to a filing with Bursa Malaysia.
The trading suspension follows a separate request by its parent company, GuocoLand Ltd, for a trading halt on the Singapore Exchange on Monday evening.
GuocoLand (Malaysia) shares have risen 59.8% since the start of the year and last traded at 93.5 sen, their highest level since 2018, giving the company a market capitalisation of RM654.9 million.
GuocoLand (Malaysia) is part of the Hong Leong Group through Hong Kong-listed Guoco Group. The company is primarily involved in the development of residential townships, as well as commercial and integrated properties in Malaysia. Its parent, GuocoLand, also has operations in Singapore and China.
According to the company’s latest annual report, GLL (Malaysia) Pte Ltd, a wholly owned subsidiary of GuocoLand, is the largest shareholder with a 65.03% stake.
Market data shows GuocoLand (Malaysia) shares are currently trading at 30.9 times trailing earnings and 0.5 times price-to-book value. As at end-December 2025, the group had cash and cash equivalents of RM197.2 million, against total borrowings of RM584.8 million, with net tangible assets of RM2.08 per share.
For the second quarter ended Dec 31, 2025, the group reported a 9.48% decline in net profit to RM6.67 million from RM7.36 million a year earlier, despite revenue rising to RM150.82 million, the highest level in more than three years.
The lower earnings were attributed to the absence of profit contributions from Emerald Hills’ North Tower following the delivery of vacant possession in December 2024, as well as a reduced share of profit from the Emerald Rawang development.
