RM700mil projects to keep Glomac busy in FY2006


Glomac Bhd, which wants to make a bigger presence in the lifestyle residential and commercial property market, will be kept busy with RM700mil worth of new launches in the current financial year ending April 30, 2006. 

The group has lined up seven new projects to add to the current seven ongoing developments. Its land bank of 1,000 acres has the potential to churn out property products worth some RM2.5bil, or about RM500mil a year, for the next five years.  

The Star Festive Promo: Get 35% OFF Digital Access

Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 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

Petron says storm-hit jetty could affect financial performance
Tomei FY25 net profit jumps to RM106.82mil, revenue hits RM1.31bil
UUE Holdings unit bags two contracts in Singapore worth RM68mil
TechStore wins RM55mil government job
CelcomDigi appoints Albern Murty CEO
Ringgit climbs to 3.92 vs US dollar ahead of Malaysia's GDP data
EHB announces proposed business diversification
PJBumi gets RM4.3mil BIM consultant work
Boustead Holdings offers RM0.48 per share to privatise BHIC
Teo Seng remains cautiously optimistic on growth as poultry demand holds

Others Also Read