Company Glomac

Equities

GLOMAC

MYL5020OO002

Real Estate Development & Operations

End-of-day quote BURSA MALAYSIA 06:00:00 2024-04-29 pm EDT 5-day change 1st Jan Change
0.4 MYR -1.23% Intraday chart for Glomac +5.26% +11.11%

Business Summary

Glomac Berhad is a Malaysia-based property development and investment holding company. The Company is principally involved in the real estate business encompassing property development, property investment, construction, property management and car park management. The Company operates through two segments: Property Development, Construction, and Property Investment. The Property development segment is engaged in the development of land into residential and commercial properties for sale and sale of vacant land. The Construction segment is engaged in the construction of buildings. The Property investment segment is engaged in the investment of land and buildings held for investment potential and rental income in future. It provides Car Park Management and Consultancy Services ranging from pre-operations to operations including audit control, customer service, car park design to system engineering and maintenance. Its projects include Menara Glomac, Glo Damansara Mall, and others.

Number of employees: 182

Sales per Business

MYR in Million2022Weight2023Weight Delta
Property Development
93.7 %
243 93.7 % 319 93.7 % +31.32%
Property Investment
6.0 %
15 5.7 % 21 6.0 % +38.09%
Other
0.3 %
1 0.5 % 1 0.3 % -24.91%

Sales per region

MYR in Million2022Weight2023Weight Delta
Malaysia
100.0 %
260 100.0 % 341 100.0 % +31.40%

Managers

Managers TitleAgeSince
Chief Executive Officer 56 91-12-31
Chief Operating Officer 63 19-10-14
Chief Operating Officer 59 95-12-31
Corporate Secretary 52 -
Corporate Secretary 65 18-03-13

Members of the board

Members of the board TitleAgeSince
Founder 84 83-11-22
Founder 73 83-11-22
Chief Executive Officer 56 91-12-31
Director/Board Member 64 17-07-02
Director/Board Member 60 23-05-31
Director/Board Member 58 22-05-26
Director/Board Member - -

Share class

VoteQuantityFree-FloatCompany-owned sharesTotal Float
Stock A 1 800,089,370 180,656,598 ( 22.58 %) 32,595,000 ( 4.074 %) 22.58 %

Shareholders

NameEquities%Valuation
130,874,805 16.36 % 11 M RM
Shapadu Capital Sdn. Bhd.
11.14 %
89,109,910 11.14 % 7 M RM
GLOMAC
4.074 %
32,595,000 4.074 % 3 M RM
2,421,000 0.3026 % 199 490 RM
CAPFI DELEN Asset Management NV
0.2562 %
2,049,444 0.2562 % 168 874 RM
ING Investment Management Asia Pacific (Hong Kong) Ltd.
0.0153 %
122,192 0.0153 % 10 069 RM
Hong Leong Asset Management Bhd.
0.0126 %
101,200 0.0126 % 8 339 RM
PMB Investment Bhd.
0.005874 %
46,997 0.005874 % 3 873 RM

Holdings

NameEquities%Valuation
32,595,000 4.07% 2,685,828 $

Company contact information

Glomac Bhd.

Menara Glomac Glomac Damansara

60000, Kuala Lumpur

+

http://www.glomac.com.my
address Glomac(GLOMAC)

Sales per Business

Trading Rating
Investor Rating
ESG Refinitiv
More Ratings
Sell
Consensus
Buy
Mean consensus
BUY
Number of Analysts
3
Last Close Price
0.405 MYR
Average target price
0.44 MYR
Spread / Average Target
+8.64%
Consensus

Annual profits - Rate of surprise