About GL

GuocoLeisure Limited operates as an investment company in Singapore. Segments The company’s business segments include Investment, Oil and Gas, Property Development, Hotels, and Gaming. Investment: This segment includes the company’s interests in listed and other investments, and management of the business segments. Oil and gas: This segment includes the company’s interest in the Bass Strait oil and gas royalty stream. Property development: This segment includes the development of land and properties on Fijian and Hawaiian islands for residential and tourism purposes. Hotels: This segment includes the company’s interest in the ‘Thistle’ chain of hotels in the United Kingdom. Gaming: This segment includes the company’s interest in the casino betting operations in the United Kingdom. Markets The company primarily operates in Australasia, Asia, the United States of America and the United Kingdom. Development Properties The company’s development properties, which are wholly owned, are located in the United States of America, being the 60,000+ acre land parcel on Molokai island in Hawaii and in Fiji, being the 650 acre Denarau Island Resort in Western Viti Levu. The properties are under development for residential and tourism purposes. Investments Portfolio The company focuses on various investments, namely Guoman Hotels, Clermont Leisure, Molokai Properties, Bass Strait Oil & Gas Royalty and Denarau Properties. Guoman Hotels Guoman Hotels is the company’s primary investment. The company operates 39 hotels (8,700 rooms) in the United Kingdom, 17 owned and leased and 22 hotels under management contracts. The owned and leased hotels are predominantly in London where it has approximately 5,900 rooms. Clermont Leisure Clermont Leisure (U.K.) Limited is the company’s investment in the United Kingdom casino gaming industry. The company owns the Clermont Club. Clermont Leisure had secured 3 casino licenses and there are a further 24 Certificates of Consent which are progressing through various stages of planning approvals and licensing hearings. Molokai Properties The company focuses on implementation of Molokai Properties’ Master Plan, agreed with Molokai community in 2006 following an island-wide 3-year community-led process. It also sold a major agricultural parcel to Monsanto. Denarau Properties The company, through its wholly owned subsidiary Tabua Investments Limited, completed the construction of the new 270 room Radisson Resort Fiji Denarau Island and the Port Denarau retail & commercial centre. The Radisson Resort Fiji was officially opened to public guests on 30 June 2007. Subsidiaries The company has established a wholly-owned subsidiary Guoman Hotel Management (Beijing) Co. Ltd., whose primary activity is to provide hotel management services and hotel management consultancy services. History GuocoLeisure Limited was founded by Ronald Brierley in 1961. The company was formerly known as BIL International Limited and changed its name to GuocoLeisure Limited in October 2007.