Grand-Flo eyes higher revenue from property segment in 2015


KUALA LUMPUR: Tracking solutions provider and property developer Grand-Flo Bhd is aiming to raise the revenue contribution from its property development segment to 50% this year from 20% in 2014.

Group president and group managing director Derrick Tan said the company has two ongoing projects targeted for completion in 2017 -- Vortex Business Park and The Glades in Penang -- with a gross development value of RM220mil and RM63mil, respectively.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!

Next In Business News

Navigating Fed uncertainty
Turning footfall into higher profits
Capitalising on the tourism momentum
POWERING ASEAN’S DIGITAL GROWTH
Indonesia MSCI alert sends ripples to Malaysia
Eco Business Park 8 first look signals new industrial opportunities in JS-SEZ
Wawasan Dengkil unit enters 25-year sublease for solar plant site
ICT Zone Asia secures RM23.82mil hardware deal
Fire hits Kumpulan Jetson subsidiary’s Port Klang factory
SDS Group’s London Bakery acquires 14.32 ha in Johor for RM101.7mil

Others Also Read