News about Glomac

The property developer said the acquisition of the stake for RM16.

The group declared a final single tier dividend of 1.

Glomac group managing director and chief executive officer Datuk Seri Fateh Iskandar Mohamed Mansor said sales of RM120 million to RM125 million were recorded so far for the first two quarters of FY23.

Quarterly revenue more than doubled to RM65.

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 (March 30): Property developer Glomac Bhd has said its earnings for the third quarter ended Jan 31, 2022 (3QFY22) slipped as revenue was impacted by the Movement Control Order (MCO) and a weaker market sentiment.

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 (Sept 23): Glomac Bhd’s earnings for the first quarter ended July 31, 2021 (1QFY22) more than halved as the property developer was impacted by the very difficult operating environment arising from the implementation of movement control order (MCO) 3.

PETALING JAYA (July 28): Glomac Bhd plans to unveil five projects in its existing townships nationwide with an estimated gross development value (GDV) of RM282 million next year, said its group managing director and chief executive officer Datuk Seri Fateh Iskandar Mohamed Mansor (pictured).