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PETALING JAYA: Property-based Glomac Bhd’s sales are expected to pick up in the coming quarters with RM403mil worth of new launches and RM123mil (at cost) inventories.
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.
PETALING JAYA: The retail industry is expected to see more shopping centres embrace an omni-channel approach to business as competition within the sector intensifies.
PETALING JAYA: The retail sector enters 2020 with the long-unresolved issue of an oversupply of mall space but with much excitement about going cashless.
GPETALING JAYA: Glomac Bhd’s net profit tripled to RM3.46mil in the first quarter ended July 31 from RM1.01mil a year ago, thanks to its cost-saving initiative.
KUALA LUMPUR: Glomac Bhd’s earnings for the financial year ending April 2020 is expected to improve on better leasing rates of 74% vs 45% in FY4/18 at Glo Damansara shopping mall, Maybank Investment Bank Research said.
GLOMAC Berhad scored another success with sales take-up of 90% for 121 Residences Block A in the Klang Valley in one weekend during its soft launch via balloting.GLOMAC Berhad scored another success with sales take-up of 90% for 121 Residences Block A in the Klang Valley in one weekend during its soft launch via balloting.