QUOTE AND NEWS
Business Times - Malaysia  Mar 21  Comment 
TA Securities raised its target price on Glomac Bhd to RM1.17 per share from 98 sen, saying it expects the property developer to secure higher sales through financial year 2015. "The increase in sales projections is to reflect...
Business Times - Malaysia  Jan 21  Comment 
Landed property projects in Malaysia will continue to outperform this year as demand remain "hot", HwangDBS Vickers Research Sdn Bhd said. This follows the crowd of more than 600 people who attended Glomac Bhd's Lakeside Residence phase three...
Business Times - Malaysia  Dec 3  Comment 
KUALA LUMPUR: Glomac Bhd's pre-tax profit for the second quarter ended Oct 31, 2012 slipped to RM33.64 million from RM34.28 million posted in the same period last year. Revenue fell to RM124.4 million from RM134.83 million, the company said in a...
Business Times - Malaysia  Oct 16  Comment 
Property developer Glomac Bhd is banking on projects with estimated gross development value (GDV) of RM4.55 billion beyond the 2013 financial year (FY) to anchor its future growth. Group Managing Director and Chief Executive Officer, Datuk Fateh...
Business Times - Malaysia  Sep 23  Comment 
Glomac Bhd's group managing director and chief executive officer Datuk FD Iskandar said this role can be taken up by Syarikat Perumahan Negara Bhd (SPNB), a government-owned entity. SPNB, a wholly-owned subsidiary of the Minister of Finance...
Business Times - Malaysia  Jun 26  Comment 
Property developer Glomac Bhd aims to grow its market capitalisation to RM1 billion from the current RM600 million in the next three years, group managing director and chief executive officer Datuk FD Iskandar Mansor said. He said the growth...
Business Times - Malaysia  Jun 21  Comment 
TA Securities cut its target price of property developer Glomac Bhd to RM0.98 (US$0.31) per share from RM1.10 due to sales slowdown seen next year. The research house said in note Glomac's sales momentum in FY2013 is expected to normalise...
The Economic Times  Jun 7  Comment 
We are still maintaining 5020 on Nifty and about 9780 on the Bank Nifty. So, there are chances that there is more to go.
Business Times - Malaysia  Jun 4  Comment 
Hong Leong Investment Bank Research has described the land acquisition by Glomac Bhd as a continuation of its key strategy to acquire sizeable tracts of land in the outskirts of Klang Valley. The company acquired 77.59 hectares of agricultural...
Business Times - Malaysia  Jun 4  Comment 
TA Research raised the target price of Glomac Bhd to RM1.10 per share from RM1.08 as it viewed positively the property developer's move to expand its landbank in Sepang, the southern part of Selangor state. "Given the rising property prices...





 


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