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Tuesday, October 16, 2012

Glomac looking to expand its landbank

KUALA LUMPUR: Glomac Bhd is looking to increase its landbank to further expand its property development business.

"Currently we have about 1,000 acres in landbank and we at constantly looking at opportunities," said group managing director Datuk FD Iskandar after the company's AGM on Tuesday.

He said the company had gone through a few economic cycles and it was now on a new growth plane.

"Our unbilled sales figure will improve with the RM1.1bil in GDV launches in financial year 2013," he said.

By The Star

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