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Friday, August 20, 2010

Goldis builds profit hopes on GTower

GOLDIS Bhd, an investment company, is optimistic of being back in the black for the rest of the year, helped by rental income from its GTower commercial building in the heart of Kuala Lumpur.

Goldis' first quarter net profit fell 49 per cent, partly caused by the delayed opening of GTower.

To date, the building has 60 per cent tenancy. Goldis aims to raise it to 75 per cent by January next year.

GTower Sdn Bhd executive director Colin Ng expressed confidence that revenue from the building would boost the group's earnings.

Ng was speaking to reporters after the launch of MSC Malaysia status for GTower in Kuala Lumpur yesterday.

Goldis invested RM5 million in the building's fibre optic connectivity and 150,000 sq ft of net lettable area has been allocated for MSC Malaysia-status companies.

GTower is the first fully-certified green commercial building in the country, with grade A++, Green Mark GOLD and MSC Malaysia status.

Meanwhile, Multimedia Development Corp chief executive officer Datuk Badlisham Ghazali said it was planning to open two more MSC Malaysia buildings in the Klang Valley by the year-end.

"We are continuously evaluating more buildings," he said, noting that there are 19 MSC Malaysia cybercities and cybercentres in operation nationwide.

In his speech earlier, Badlisham said the government was committed to the rollout of cybercities and cybercentres to ensure that the development and benefits of MSC Malaysia were extended to the business communities.

By Business Times

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