News about Glomac Bhd

The group declared a final single tier dividend of 1.

Kuala Lumpur (June 8): Glomac Bhd's hillside double-storey terraced house project, Ruma 33 has been fully taken up in less than three months since its launch in December 2021, said the developer in a media statement on June 7.

KUALA LUMPUR (Nov 30): Glomac Bhd reported a net profit of RM11.

  PETALING JAYA (Oct 27): The escalating raw material prices has impacted property and construction sector due to short of supply, but Glomac Bhd group managing director and chief executive officer Datuk Seri Fateh Iskandar Mohamed Mansor (pictured) believed that as economic activities gradually resume, market supply and price growth will stabilise in the next three to six months.

KUALA LUMPUR (Oct 24): Glomac Bhd CEO and managing director Datuk Seri FD Iskandar has proposed that the government reintroduce the Home Ownership Campaign from two decades ago next year to reduce the number of overhang properties.

KUALA LUMPUR (Oct 24): Glomac Bhd is holding back the launch of its high-end projects, revising the GDV of its launches planned for the financial year ended April 30, 2019 (FY19) to RM780 million from RM1 billion initially.

PETALING JAYA (Sept 9): The Real Estate and Housing Developers’ Association Malaysia (REHDA) targets sales of at least RM300 million from the year's third and last Malaysia Property Expo (Mapex).

SUNGAI BULOH (Aug 8): Developers at Sungai Buloh West have forwarded the request to extend public transportation to that area to the authority, according to KLK Land Sdn Bhd’s managing director Datuk David Tan.