Glomac plans 1-for-10 bonus issue

KUALA LUMPUR (Aug 2): Glomac Bhd is proposing to undertake a bonus issue on the basis of one bonus share for every 10 Glomac shares held to reward existing shareholders and improve liquidity and marketability of its shares.

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DONE DEAL: Reflection Residences, Mutiara Damansara, Petaling Jaya

Sold for: RM880,000 (RM805 psf) Concluded by: Justin Tau (REN 18860) of Hartamas Real Estate (OUG) (017-674 3763) When: April 2017 Noteworthy: ● Freehold ● Built-up: 1,092 sq ft ● 3-bedroom and 2-bathroom ● Maintenance fees: 35 sen psf ● Mid floor and facing south ● Partly furnished with kitchen cabinet, hood and hob, four air-cons, water heater, washing machine and dryer ● Facilities: infinity pool, gym, steam room, playground, a BBQ area and a tennis court Located in Mutiara Damansara, Petaling Jaya, Reflection Residences is a newly completed serviced apartment development by Glomac Bhd.

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Glomac appoints Tabung Haji CEO as alternate director

KUALA LUMPUR (June 1): Glomac Bhd has appointed Lembaga Tabung Haji group managing director and chief executive officer (CEO) Datuk Seri Johan Abdullah as an alternate director to its non-independent non-executive director Datuk Seri Panglima Abdul Azeez Abdul Rahim.

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