Glomac traces its corporate history back to 1988, when the two entrepreneurs and founders of the Group, Tan Sri Dato' FD Mansor, Group Executive Chairman and Datuk Richard Fong, Group Executive Vice Chairman, joined forces to start Glomac.
The company is currently helmed by Datuk Seri FD Iskandar, Group Managing Director / Chief Executive Officer. Today, Glomac Berhad comprises more than 55 subsidiaries with involvement in every face of the real estate business encompassing property development, property investment, construction, property management and car park management.
Glomac Berhad was listed on the Main Board of Bursa Malaysia Securities Berhad on 13 June 2000. Property development remains the core focus of the Group since its inception. With this, it continues to affirm the Group's reputation as a responsible and visionary property developer with its sold record of developing townships, residential, commercial and mixed development properties
To-date, the Group has completed more than a total sales value over RM4 billion. Moving forward, Glomac is entering into a new phase of growth as it is in the midst of launching more than RM802 million worth of property.
As a long term player committed to escalating our presence in the real estate market particularly focusing in the prime area of the Greater KL, where the Group is well established. Glomac is continuously planning and designing new projects for our existing landbank, and evaluating new landbank opportunities and looking out for new opportunities in the country.
The Early Years
The company started with the mixed development of Taman Jasa Utama in Selayang, Selangor. The turning point came in Kelana Jaya, assisting this undeveloped area in Petaling Jaya, into a bustling city it is today. Innovations such as a 6-8 storey business centre was introduced to developments such as Glomac Business Centre, Kelana Business Centre and Kelana Centre Point complete with elevators and underground parking, set Glomac apart.
Quicker progress followed in the shape of our first high end condominium, Prima 16. It is located in the exclusive area of Section 16, Petaling Jaya. This development is still going on strong, being fully tenanted and one of the prime and sought for condominiums in the area.
The Growing Years
The Group's leading township Saujana Utama located in Sungai Buloh began in 1997. From a jungle and a plantation land, it has been transformed into a thriving township with a population of more than 65,000 residents who enjoy a holistic environment compromising schools, playgrounds, hypermarket amongst its surrounded amenities. The year 1997 was also the year of the Asian financial crisis. The property industry among others went through an upheaval. By sheer determination, prudence and strength of character, Glomac came back stronger.
The gated community of Aman Suria Damansara in Petaling Jaya is a development we take great pride in. This development surpassed all expectations and led to similar developments such as Suria Residen in Cheras, followed by the Group's crown jewel, Suria Stonor, a luxury condominium in the prestigious Kuala Lumpur City Centre (KLCC) was an inspiration in itself.
Additional accomplishment followed by commercial developments Glomac Cyberjaya and Plaza Kelana Jaya. The success of Glomac Cyberjaya brought the second land acquisition in Cyberjaya for Glomac Cyberjaya 2. While Plaza Kelana Jaya's frontal lake and scenic setting has garnered the Asia Pacific Commercial Property Award in association with Bloomberg Television for Highly Commenced Best Retail Development (Malaysia).
Great as this milestone was, it was by no means the end. From managing just over 3 projects a year, Glomac now has more than 10 on-going projects including well received townships Saujana Utama in Sungai Buloh, Saujana Rawang in Rawang and various residential and commercial developments focused in Greater Kuala Lumpur.
The Coming of Age
As a visionary developer, Glomac made two overseas investments in 2006 in Melbourne, Australia and Bangkok, Thailand. In September 2011, Glomac has disposed the Bangkok investment for a total consideration of RM31million.
In the late 2007, we caused quite a stir in the market by setting a record price when we acquired a 1.3 acre property opposite the Petronas Twin Towers, KLCC. This site became Glomac Tower, an A-Grade commercial building sold en bloc for the record price of RM 1,120 per sq ft. To date, it still holds the highest commercial transaction per sqft in town. The building is now completed and we are proud of its place in the KL skyline, as testament to our commitment to Malaysian values: co-operation, hard work, perseverance and the spirit of community.
Awards & Achievements
2015 – The Global Leadership Awards 2015 (Commercial Property Development)
Glomac Berhad was one of the winners at the Global Leadership Awards (2015) and took home the award in the category for Commercial Property Development that staged 5th March 2015 at the Shangri La Hotel, Kuala Lumpur, Malaysia.
Global Leadership Awards 2015 The Global Leadership Award is an awards programme designed to promote excellence, innovation and best practices in business entities and their leadership, and is widely regarded as the epitome of outstanding businesses and personalities in Malaysia.
2014 – The Brand Laureate Icon Leadership Awards
Glomac Berhad’s Group Managing Director / CEO, YBhg Datuk Seri FD Iskandar has been awarded the prestigious BrandLaureate – Transformational Corporate Leader Brand Icon Leadership Award 2014 in The BrandLaureate Icon Award 2014 by DR KK Johan, President of The Brand Laureate for his illustrious career as one of Malaysia’s top business entrepreneurs and corporate leaders.
The annual Brand Laureate Awards which was held on the 6th November 2014 took place at the J.W. Marriot Hotel, Kuala Lumpur provide recognition to inspirational leaders who dedicate their lives and profession to the country. The Asia Pacific Brands Foundation, APBF initiated The Brand Laureate Brand Icon Award, to honour the country's ICONS. Individuals who receive the awards are those who contribute to the development of the nation and the economy with their innovative thoughts.
2014 – The Global Leadership Awards 2014 (Commercial Property Development)
Glomac Berhad was one of the winners at the Global Leadership Awards (2014) and took home the award in the category for Commercial Property Development that staged 25th April 2014 at the Putrajaya International Convention Centre (PICC), Malaysia.
Global Leadership Awards 2014 The Global Leadership Award is an awards programme designed to promote excellence, innovation and best practices in business entities and their leadership, and is widely regarded as the epitome of outstanding businesses and personalities in Malaysia.
2013 – The Brand Laureate – Brand Icon Leadership Awards 2013
Glomac Berhad’s Group Executive Chairman, YBhg Tan Sri Dato’ FD Mansor has been conferred the prestigious BrandLaureate – Premier Brand Icon Leadership Award 2013 in The BrandLaureate Icon Award 2013 for his illustrious career as one of Malaysia’s top business entrepreneurs and corporate leaders.
The annual Brand Laureate Awards which was held on the 9th October 2013 took place at the Majestic Hotel provide recognition to inspirational leaders who dedicate their lives and profession to the country. The Asia Pacific Brands Foundation, APBF initiated The Brand Laureate Brand Icon Award, to honour the country's ICONS. Individuals who receive the awards are those who contribute to the development of the nation and the economy with their innovative thoughts.
The awards was presented to YBhg Tan Sri Dato’ FD Mansor by Malacca Chief Minister YB Datuk Wira Idris Haron, the President of the Malaysian Institute of Management Tun Mohammad Hanif Omar and Brand Laureate President, Dr KK Johan.
2013 – Malaysian Investor Relations Association (MIRA)
Glomac Berhad was one of the winners at the Malaysia Investor Relations Award (MIRA) 2013 and took home the award in the small cap category for Best Company for investor relations (IR) practices.
The awards luncheon was held on the 3 July 2013 at Mahkota Ballroom 2 – Hotel Istana, Kuala Lumpur. The awards was attended by Securities Commission deputy chief Datuk Dr Nik Ramlah Mahmood, Bursa Malaysia chairman Tun Mohamed Dzaiddin Abdullah and Bursa Malaysia chief executive officer Datuk Tajuddin Atan
To benchmark Investor Relations (IR) performance of Malaysian listed companies and IR professionals, MIRA had set out to commission a comprehensive, professional poll of all relevant buy-side and sell-side firms investing in or covering Malaysian equities, focusing on evaluating and rating the IR-related activities conducted by Malaysian companies and corporate individuals/professionals in the year 2012. Over 800 investment professionals were invited to take part in the survey.
2012 – Malaysia Business Awards (MBA)
Glomac Berhad's Group Managing Director / Chief Executive Officer , YBhg Datuk Seri FD Iskandar bin Tan Sri Dato' FD Mansor was awarded the "MBA Industry Excellence Award for the Property Sector" organised by The Kuala Lumpur Malay Chamber of Commerce (KLMCC) for his many recognition.
This Award is presented in acknowledgment of his exceptional performance in spearheading Glomac towards outstanding achievements in the industry for the year. The MBA Awards are conferred by an esteemed panel of judges comprising of prominent and distinguished business officials and academicians with established track records in the Malaysian business community. The former Prime Minister and also the KLMCC Grand Fellow, YBhg Tun Mahathir Mohamad was presented the award during its Gala Dinner at Grand Ballroom of the Renaissance Hotel Kuala Lumpur on 30th November 2012.
Heartiest congratulations to Glomac Berhad. Group Managing Director / Chief Executive Officer Dato’ FD Iskandar has been bestowed the Darjah Kebesaran Seri Mahkota Wilayah (DKSM) award which carries the title “Datuk Seri” by His Royal Highness Yang Di Pertuan Agong Tuanku Abdul Halim Mu’adzam Shah, in conjunction with the Federal Territories Day on 1st February 2014. Datuk Seri FD Iskandar received the award during an investiture ceremony that was held at the Jalan Duta Palace.