Glomac CEO: Data centre venture still on the cards, eyes earnings recovery

THE EDGE: Glomac Bhd, which plans to launch approximately RM324 million worth of new projects in the current financial year, has deferred its plan to venture into the data centre segment as the group has yet to secure a confirmed tenant to lease its land, said group managing director and chief executive officer Datuk Seri FD Iskandar Mohamed Mansor.

THE SUN: Property developer Glomac Bhd will continue to acquire strategic sites in Klang Valley and Selangor and expand its current landbank. Group managing director and CEO Datuk Seri Fateh Iskandar Mohamed Mansor said the property developer currently holds more than 600 hectares of land, with a total gross development value (GDV)exceeding RM6 billion.

UTUSAN MALAYSIA: Glomac Berhad optimis pendapatannya akan pulih pada suku kedua tahun kewangan 2026, selepas mencatatkan kerugian bersih sebanyak RM1.4 juta pada suku pertama yang merupakan kerugian perta ma dalam sejarah kumpulan itu.

THE STAR: Glomac Bhd is optimistic about achieving its sales target of RM400mil in the financial year ending April 30, 2026 (FY26) on the back of steady demand for its landed residential projects and RM500mil worth of new launches.

KOSMO: Glomac Berhad (Glomac) yakin akan kembali merekodkan keputusan kewangan positif pada suku kedua tahun kewangan 2026 dan untuk keseluruhan tahun kewangan semasa yang berakhir pada 30 April 2026 (TK2026). Pengarah Urusan Kumpulan dan Ketua Pegawai Eksekutif Glomac, Datuk Seri FD Iskandar berkata, pihaknya merekodkan kerugian bersih RM1.

SIN CHEW DAILY: 吉隆坡2 3 日讯） 今年初已推 出约1 亿5 0 0 0 万令吉项目的高美达 GLOMAC,5020,主板产业组） ， 计划在2026财政年新推总值近3亿2500万令吉项 目， 相信今年4 亿令吉销售目标可达标， 且有信心第二季可转亏为盈。 2026财政年拟推3.25亿项目 该公司截至今年7月底首季新销售，仅录得 2000万令吉，董事经理兼首席执行员拿督斯里 法迪依斯干达仍有信心达成全年销售

THE STAR: Glomac Bhd is optimistic about achieving its sales target of RM400mil in the financial year ending April 30, 2026 (FY26) on the back of steady demand for its landed residential projects and RM500mil worth of new launches.

NEW STRAITS TIMES: After posting its first quarterly loss since 2020, Glomac Bhd is looking to rebound in the second quarter of the financial year ending April 30 next year while keeping its sights on the fast-growing data centre segment when the market stabilises.

DAILY EXPRESS (KK): Glomac Bhd plans to roll out RM324 million worth of new launches in the financial year 2026 (FY2026), primarily landed residential developments within its established townships

EDGE PROP: Glomac Bhd has deferred its plan to venture into the data centre segment as the group has yet to secure a confirmed tenant to lease its land, said group managing director and CEO Datuk Seri FD Iskandar Mohamed Mansor.