Glomac Bhd

Type: Company
Name: Glomac Bhd
First reported Apr 18 2014 - Updated Apr 18 2014 - 1 reports

Group of developers establishing blueprint for township

CYBERJAYA is on the cusp of exciting times ahead. The Multimedia Super Corridor (MSC) branded city has found itself being thrust into the spotlight of late, and for all the right reasons.Garnering support from no less than 21 established developers coming ... [Published thestar.com.my - Apr 18 2014]
First reported Apr 11 2014 - Updated Apr 11 2014 - 1 reports

Over RM14b in Cyberjaya projects for next four years

CYBERJAYA: More than RM14 billion worth of properties will be built in Cyberjaya over four years, mainly by eight developers, said a spokesman for the master developer of the township recently.The eight developers are Emkay Group (RM4 billion), S P Setia ... [Published Edge Property - Apr 11 2014]
First reported Apr 05 2014 - Updated Apr 05 2014 - 1 reports

Housing projects in area see good take-up rates

The last batch of two-storey villas in Aman Putri, Sungai Buloh, is now open for booking.Developer PPC Glomac Sdn Bhd assistant project manager Jason Choong said future launches in the township were expected to focus on three-storey designs following ... [Published thestar.com.my - Apr 05 2014]
First reported Apr 03 2014 - Updated Apr 03 2014 - 1 reports

SAS, Aerli sign MoA to market eco-friendly fire extinguishers

A model shows the eco-friendly fire extinguishers at the launch. — Bernama photoSHAH ALAM: Malaysia Partners of Environment Organisation (SAS) yesterday signed a memorandum of agreement (MoA) with Aerli Sdn Bhd, a subsidiary of Dubaiz Group of Companies, ... [Published Borneo Post Online - Apr 03 2014]
First reported Apr 03 2014 - Updated Apr 03 2014 - 1 reports

Dream homes expo returns to showcase an array of properties for smart investment

MALAYSIA Property Exposition (MAPEX) is back to fulfil the dreams of millions of home owners this year.The event, organised by Real Estate and Housing Developers’ Association (REHDA), will be held from April 4 to 6 at the Mid Valley Exhibition Centre ... [Published thestar.com.my - Apr 03 2014]
First reported Mar 28 2014 - Updated Mar 28 2014 - 1 reports

Glomac to pick up pace in the second half

A + A - Reset Glomac Bhd(March 27, RM1.07)Maintain hold with target price of RM1.20 target price: Glomac is looking to expand its landbank aggressively, especially for township development. Property launches will pick up pace in the second half of calendar ... [Published Malaysia Edge - Mar 28 2014]
First reported Mar 24 2014 - Updated Mar 24 2014 - 1 reports

"Glomac Berhad (GLOMAC) : Company Profile and SWOT Analysis" now available at Fast Market Research

(live-PR.com) - This report is a crucial resource for industry executives and anyone looking to access key information about "Glomac Berhad" The report utilizes a wide range of primary and secondary sources, which are analyzed and presented in a consistent ... [Published Live-PR.com - Mar 24 2014]
First reported Mar 24 2014 - Updated Mar 24 2014 - 1 reports

Glomac Berhad : to buy Precious Quest for RM22.77m

KUALA LUMPUR : Glomac Bhd has entered into a sale and purchase agreement to acquire the entire issued and paid-up capital of Precious Quest Sdn Bhd for RM22.77 million . Precious Quest is a property development company, which has a right to develop a ... [Published 4 Traders - Mar 24 2014]
First reported Mar 21 2014 - Updated Mar 21 2014 - 2 reports

Glomac To Acquire Precious Quest For RM22.77 Million

KUALA LUMPUR, March 21 (Bernama) -- Glomac Bhd has signed a sale and purchase agreement with Precious Quest Sdn Bhd to acquire its entire issued and paid-up capital, comprising one million ordinary shares of RM1 each, for RM22.77 million.In a filing to ... [Published Bernama - Mar 21 2014]
First reported Mar 21 2014 - Updated Mar 21 2014 - 2 reports

Glomac’s 4Q may be weaker due to project deferment

A + A - Reset Glomac Bhd(March 20, RM1.11)Maintain hold with target price of RM1.16: Glomac’s core profit after tax (PAT) for the third quarter ended Jan 31 of financial year 2014 (3QFY14) declined 13.8% year-on-year (y-o-y) to RM22.7 million, despite ... [Published Malaysia Edge - Mar 21 2014]
First reported Mar 19 2014 - Updated Mar 20 2014 - 4 reports

Glomac’s 3QFY14 net profit drops 10.5%

KUALA LUMPUR: Glomac Bhd’s net profit for the third quarter ended Jan 31 of financial year 2014 (3QFY14) dropped 10.5% to RM22.71 million from RM25.36 million in the previous corresponding quarter. However, revenue rose 15% to RM183.72 million.Glomac ... [Published Edge Property - Mar 20 2014]
First reported Mar 17 2014 - Updated Mar 18 2014 - 2 reports

Glomac expands footprint in Bandar Saujana Utama

A + A - Reset Glomac Bhd(March 17, RM1.09)Maintain hold with target price of RM1.16: Glomac is acquiring 62.6 acres (25.3ha) of leasehold land from Pertubuhan Peladang Kawasan Kuala Selangor for RM23 million, or RM8.43 psf.The land is located in Sungai ... [Published Malaysia Edge - Mar 18 2014]

Quotes

"The acquisition is not expected to have a material impact on our earnings for the financial year ending April 30, 2015. However, it is expected to contribute positively to future earnings" Glomac said
"This is therefore a powerful bullish factor which is likely to kick in about 3 months from now" Mistry, who heads the vegetable oil trading arm at India's Godrej Industries, said in Beijing
"As expected, the cooling measures have resulted in weaker property sales, but we view this as being largely priced in" it added
"New sales have been encouraging, driven by Glomac's strategic decision to focus on more resilient landed residential projects in the current softer market environment. The company achieved new sales of RM368 million in the nine-month period, sustaining high unbilled sales at RM792 million as at the end of January 2014" said its group executive chairman Tan Sri FD Mansor in a statement yesterday

More Content

All (34) | News (33) | Reports (0) | Blogs (0) | Audio/Video (0) | Fact Sheets (1) | Press Releases (0)
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Group of developers establishing blueprint for ... [Published thestar.com.my - Apr 18 2014]
Towering oversupply [Published Malaysia Edge - Apr 14 2014]
Over RM14b in Cyberjaya projects for next four ... [Published Edge Property - Apr 11 2014]
SADIF Analytics releases new rating update repo... [Published PR inside - Apr 10 2014]
SADIF Analytics releases new rating update repo... [Published PR inside - Apr 10 2014]
Housing projects in area see good take-up rates [Published thestar.com.my - Apr 05 2014]
SAS, Aerli sign MoA to market eco-friendly fire... [Published Borneo Post Online - Apr 03 2014]
Dream homes expo returns to showcase an array o... [Published thestar.com.my - Apr 03 2014]
Glomac to pick up pace in the second half [Published Malaysia Edge - Mar 28 2014]
Mapex 2014, “Spend wisely, invest smartly” [Published Star Property Malaysia - Mar 26 2014]
"Glomac Berhad (GLOMAC) : Company Profile and S... [Published Live-PR.com - Mar 24 2014]
Glomac Berhad : to buy Precious Quest for RM22.77m [Published 4 Traders - Mar 24 2014]
Glomac plans to acquire Precious Quest [Published The Sun Daily - Mar 23 2014]
Glomac To Acquire Precious Quest For RM22.77 Mi... [Published Bernama - Mar 21 2014]
#Stocks To Watch* Plantation stocks, MISC, Enco... [Published Malaysia Edge - Mar 21 2014]
Glomac buys property firm with development righ... [Published Malaysia Edge - Mar 21 2014]
Glomac’s 4Q may be weaker due to project deferment [Published Malaysia Edge - Mar 21 2014]
GLOMAC BERHAD : growth prospects remain positive [Published 4 Traders - Mar 21 2014]
DA Land plans RM300mil theme park [Published thestar.com.my - Mar 20 2014]
Glomac’s 3QFY14 net profit drops 10.5% [Published Edge Property - Mar 20 2014]
GLOMAC BERHAD : net profit rises 22pc [Published 4 Traders - Mar 20 2014]
RHB Research upgrades Glomac to Buy, fair value... [Published Malaysia Edge - Mar 20 2014]
Glomac net profit down on conversion rates, costs [Published thestar.com.my - Mar 19 2014]
Glomac posts lower net profit in Q3 [Published The Sun Daily - Mar 19 2014]
Glomac posts lower pre-tax profit of RM35.455 m... [Published Malaysia Edge - Mar 19 2014]
Glomac posts lower pre-tax profit of RM35.5 mil... [Published KiniBiz - Mar 19 2014]
Glomac expands footprint in Bandar Saujana Utama [Published Malaysia Edge - Mar 18 2014]
Glomac Berhad : Maybank positive on Glomac's la... [Published 4 Traders - Mar 18 2014]
Glomac extends township development in Sungai B... [Published MySarawak - Mar 17 2014]
#Midday Market* KLCI reverses loss, but gains s... [Published Malaysia Edge - Mar 17 2014]
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