Wednesday, September 28, 2011

Glomac eyes RM1.2b worth of launches in FY12

KUALA LUMPUR: GLOMAC BHD [] expects to sustain property sales in the current financial year ending April 30, 2012 (FY12) helped by RM1.2 billion worth of planned real estate launches during the year.

Glomac managing director Datuk FD Iskandar said the company had chieved some RM100 million worth of sales in the first quarter of FY12.

Glomac sold RM418 million worth of PROPERTIES [] in FY11, he said.

Speaking after the company's AGM on Wednesday, Sept 28, he also said Glomac was exploring regional opportunities.

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