Guoco Group (OTCPK:GULRF, OTCPK:GULRY) is a Singapore-based Hong Kong listed holding company controlled 76.12% by Quen Leng Chan. Guoco has extensive real estate, hotel, and gambling interests throughout the world, mainly in Asia and England. The stock usually sells at a large discount to NAV and Quen has tried to lowball shareholders, only to be thwarted by activist hedge fund Elliott. The stock is trading at a discount to net asset value but is difficult to understand and controlled by insiders.
The stock trades for HK$116.9, there are 329 million shares, and