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Tg Pagar Centre game-changer for GuocoLand

Guoco Tower, part of Tanjong Pagar Centre. BT's calculation shows GuocoLand would stand to receive an annual Ebitda boost of about S$75 million from recurring income for Tanjong Pagar Centre.

GUOCOLAND, controlled by Malaysian tycoon Quek Leng Chan, recently completed Guoco Tower - the office component of its integrated mixed-development project, Tanjong Pagar Centre, on a 99-year leasehold site above Tanjong Pagar MRT Station.

The mainboard-listed property group has announced...