In Malaysia, the Group’s subsidiary GuocoLand (Malaysia) Berhad, listed on the Kuala Lumpur Stock Exchange, is a respected property developer in the residential and commercial sectors. The development portfolio of GuocoLand (Malaysia) includes prime office properties in premier locations in Kuala Lumpur. As it moves into more than 50 years of solid operations and successful developments and armed with a large land bank with short, medium and long term development potential, GuocoLand (Malaysia) will continue to play a key role in Malaysia’s property development industry.

GuocoLand (Malaysia), entered into the Real Estate Investment Trust (REIT) industry in Malaysia by establising Tower REIT. Tower REIT is listed on the Kuala Lumpur Stock Exchange and was established with the main investment objective of acquiring and investing in high quality and yield-accretive commercial real estate. Tower REIT continually outperforms its yield forecasts for consecutive years since its establishment through the strong organic growth of its properties and injecting yield accretive prime property to its portfolio.