Feb 3 (Reuters) - Property developer GuocoLand (Malaysia) Berhad GUOL.KL said on Tuesday that its parent company, Singapore-based GuocoLand GUOC.SI, will buy the rest of the remaining shares it does not own in its Malaysian unit, valuing it at 770.5 million ringgit ($196.06 million).
The proposal is priced at 1.10 ringgit per share to acquire nearly 35% of GuocoLand (Malaysia).
($1 = 3.9300 ringgit)
(Reporting by Rajasik Mukherjee)
((Rajasik.Mukherjee@thomsonreuters.com;))
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