Glomac Berhad - Company Profile
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Glomac Berhad (Glomac) is a real estate development company, which offers property development, property investment and management, construction, and car park management services. The company’s diversified project portfolio, tenant base and focus on quality are its major strengths, even as operating performance remains a cause for concern. Positive outlook of Malaysian construction industry, increase in demand for energy and technological advancements could present new growth opportunities to the company. However, risks related to competitive bidding, inability to collect rent from tenants, and stringent labor laws in Malaysia could affect the company’s performance.
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