The Rank Group Plc (Hong Leong Group)

Summary


THE Guoco Group, controlled by tycoon Tan Sri Quek Leng Chan, started buying aggressively into European gaming and betting group The Rank Group plc in 2008.

From a mere 4% stake in early 2008, Guoco is now its largest shareholder, owning 28.48% of the group as at Aug 31, 2009.

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Extract


The Rank Group Plc (Hong Leong Group)

Interestingly, Rank's second-largest shareholder is also Malaysian - the Genting Group - which owns 11.52%. The othe...

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