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GuocoLand Limited ( (SG:F17) ) just unveiled an announcement.
GuocoLand (Malaysia) Berhad, through its subsidiary GLM Emerald Hills (Cheras) Sdn Bhd, has successfully challenged an arbitration award previously granted in favour of contractor Barisan Performa Sdn Bhd in a dispute linked to its property development activities. The Kuala Lumpur High Court has allowed GLM Emerald Hills’ application to set aside the 16 June 2025 arbitration award and dismissed Barisan Performa’s bid to enforce it, removing a potential financial and legal overhang for the group and reducing uncertainty around the project and its related obligations.
The most recent analyst rating on (SG:F17) stock is a Hold with a S$3.00 price target. To see the full list of analyst forecasts on GuocoLand Limited stock, see the SG:F17 Stock Forecast page.
More about GuocoLand Limited
GuocoLand (Malaysia) Berhad is a listed property developer involved in real estate development and investment activities, operating through various subsidiaries including GLM Emerald Hills (Cheras) Sdn Bhd, with a focus on Malaysian property projects.
Average Trading Volume: 332,130
Technical Sentiment Signal: Buy
Current Market Cap: S$2.79B
Learn more about F17 stock on TipRanks’ Stock Analysis page.