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Guoco Group is a deeply undervalued Asian conglomerate listed in Hong Kong that trades at a historical low 0.34x price to book. Read to learn more about GULRF here. ....
Rank adds finance expert Chew Seong Aun as a corporate advisor Share Chew Seong Aun replacing Tang Hong Cheong as a company non-executive director. An expert in corporate finance, Seong Aun is the current group CFO and board member of Honk Kong-based private investment fund Guoco Group, the current majority shareholder of Rank Plc. Seong Aun has had a 30-year executive career in investment banking, during which time he has specialised in raising working capital for large-scale enterprises and commercial projects across Asia, Europe and the UK. Alex Thursby, Rank’s chairman, said: “I am pleased to welcome Seong Aun to the Rank board. Seong Aun brings a wealth of financial and commercial experience to the board and will be able to further enhance the good communication established between Rank and its major shareholder.” ....