GL Limited Announces Retirement of Tang Hong Cheong as Group Managing Director with Effect from 1 January 2021

GL Limited (GL), formerly GuocoLeisure Limited, is the holding company of an international hospitality and leisure Company. The Company's segments include hotels, oil and gas, property development, gaming and others. The hotel segment owns, leases and manages a chain of hotels in the United Kingdom under the Guoman, Clermont, Amba, every and Thistle Express brand names. The oil and gas segment receives royalty income from the entitlement of Bass Strait's oil and gas production in Australia. The property development segment engages in development of land and properties in Fiji and Hawaii for sale. The gaming segment engages in the casino operations under The Clermont Club, a casino in Mayfair, London. The other segment covers the Company's other investments, treasury operations and corporate office. The Company's geographical segments include the United Kingdom, Australia, the United States and Asia. Its core hospitality business is operated out of GLH Hotels Limited.