GUOCO Group has offered $303 million for a 6.62 per cent interest in Malaysian company Hong Leong Credit (HLC) from a group of companies associated with one of Guoco's controlling shareholders, Hong Leong Co (Malaysia) (HCLM.) Guoco Group holds 6.34 million shares, 2.77 per cent, of HLC. The shares in the deal have been valued at M$6.80 (about HK$19.92) per share, a 1.45 per cent discount to yesterday's closing price in Kuala Lumpur. HLC's business interests include banking and finance, leasing, insurance broking, fund management and property development. Guoco said the deal was a strategic move with ''special significance. It provides Guoco with a foothold in Malaysia and in four listed companies there . . . establishing a direct link between Guoco's principal core business - financial services - with member companies of the Hong Leong group''. The deal is subject to approval by minority shareholders.