Glomac to be sustained by unbilled sales, new projects

Glomac proposed a final single-tier dividend of one sen per share, compared with 0.8 sen per share in the preceding year.

PETALING JAYA: Glomac Bhd expects its performance for the financial year ending April 30,2021 (FY21) to be sustained by unbilled sales of RM650mil as well as RM612mil new projects ready for launch in the new financial year.

The property developer said the new launches comprised mix of affordable high-rise like GreenTec Puchong and landed residential projects at Saujana Perdana in Sungai Buloh and Saujana KLIA in Sepang, Selangor.