Glomac Bhd.

Glomac Bhd.

MMYX:GLOMAC
0.31
MYR
+0.01
(+1.67%)
Dec 02Next Earn
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Capital Structure

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Working Capital

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Growth Rates

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Quarterly Revenue

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Quarterly Earnings Per Share

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Quarterly Dividends Per Share

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Company Description

CEO
Fateh Iskandar bin Mohamed Mansor
Sector
Finance
Industry
Real estate development
Address
Kuala Lumpur Malaysia
IPO Date
May 5, 2000
Business
Glomac Berhad is a Malaysia-based investment holding company primarily engaged in property development, property investment, construction, and property management services. Founded in 1988 and headquartered in Petaling Jaya, Selangor, Malaysia, the company operates predominantly in the Greater Kuala Lumpur, Klang Valley, and Johor regions. Glomac Berhad organizes its operations into four main business segments: Property Development, Property Investment, Construction, and Other Operations. Its core Property Development business develops, constructs, and markets master-planned residential townships, landed residential properties comprising terrace houses, semi-detached homes, and bungalows; high-rise residential condominiums and serviced apartments; commercial properties, including integrated commercial hubs, shop offices, and corporate towers; and master-planned mixed-use developments, encompassing flagship projects such as Saujana KLIA in Sepang, Saujana Perdana in Sungai Buloh, Saujana Jaya in Kulai, 121 Residences in Petaling Jaya, Glomac Damansara in Kuala Lumpur, and Plaza Kelana Jaya. The Property Investment segment holds, leases, and manages commercial real estate portfolios, office buildings, retail podiums, and carpark facilities. The Construction segment provides building contracting, civil engineering, infrastructure works, and project management services for internal and external projects. The Other Operations segment delivers property maintenance, facility management, and administrative services through specialized subsidiaries. In recent strategic developments, Glomac Berhad has expanded its portfolio with the launch of Loop City in Puchong, an integrated multi-phase lifestyle-centric mixed development, while accelerating rollouts of affordable to mid-market landed housing phases across its prime townships. The company has also enhanced its environmental, social, and governance (ESG) implementation by integrating green building standards, energy-efficient designs, solar-ready infrastructure, and electric vehicle charging provisions into new launches, alongside the ongoing digital transformation of its sales administration, customer management platforms, and project delivery workflows.