GLOMAC Our Vision
Our vision is to help improve the quality of life by providing a better place to live or work in.
By carrying out this vision,
we want to be recognised by our customers, shareholders and employees as a world-class property developer.
Our Mission
Our mission as a caring and reliable property developer is to deliver outstanding service, quality products and value for money to our customers. Through dedication, innovation and passion, we are confident about our ability to achieve these goals.
Our Way Forward
It starts with inspiration. A vision to provide ideal homes, work places and recreational facilities; to create an environment that enhances the quality of our lives. From pen to paper, plan to reality, we build the vision.
Glomac's vision is to enrich the lives of Malaysians in the most fundamental ways - value, quality and service.This is the catalyst of our business and the essence of our success, affirming our reputation as a visionary property developer.
Cover Rationale
The theme of our Annual Report, "Driving Economic Revival", fuels our commitment to further drive economic growth and strengthen our resilience with our continued focus on delivering stellar homes and offices.
With that, we continue to drive sustainable long-term value for our stakeholders, that will leave a lasting legacy for the future.
Contents
2 | Corporate Profile | 48 | Management Discussion & Analysis |
3 | Corporate Information | 62 | Corporate Governance Overview Statement |
4 | Corporate Structure | 81 | Statement on Risk Management and Internal Control |
6 | Board of Directors' Profile | 90 | Audit Committee Report |
15 | Key Senior Management Profile | 94 | Statement of Directors' Responsibility for Preparation |
16 | 5-Year Financial Highlights | of Financial Statements | |
18 | Sustainability Statement | 95 | Financial Statements |
42 | Group Executive Chairman's Statement/ | 208 | Additional Compliance Statement |
Kenyataan Pengerusi Eksekutif Kumpulan | 210 | List of Top 10 Properties | |
46 | Awards and Recognition | 212 | Analysis of Shareholdings |
215 Notice of Annual General Meeting & Administrative Details Proxy Form
Personal Data Notice
Access the digital version of Annual Report
2022 by scanning the QR Code in 3 easy steps:
LOADING... |
Locate the | Scan it | Wait for | Use |
QR code | the page to | Information |
load
SCAN HERE to access to
GLOMAC ANNUAL REPORT 2022
All information provided is correct at time of print, and subject to changes
2 | Glomac Berhad | annual report 2022 |
Corporate
Profile
Glomac was founded on the vision, passion and determination of two (2) entrepreneurs who aspired to develop inspiring places to live and work in. The founders of the Group, Tan Sri Dato' Mohamed Mansor bin Fateh Din, Group Executive Chairman and Datuk Fong Loong Tuck, Group Executive Vice Chairman, joined forces to establish the Group in 1988 and have since delivered value beyond expectations in every Glomac project.
Currently helmed by Datuk Seri Fateh Iskandar bin Tan Sri Dato' Mohamed Mansor, Group Managing Director/Chief Executive Officer, Glomac Berhad comprises of 56 subsidiaries with involvement in every facet 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 and has established a trusted reputation as a responsible and visionary property developer with its solid record of developing townships, residential, commercial and mixed development properties.
To-date, the Group has completed total sales value of close to RM9 billion. For the financial year 2023, Glomac plans to launch an estimated of RM470 million worth of properties.
As a long term player committed to escalating our presence in the real estate market, Glomac is continuously planning and designing new projects for our existing landbank, evaluating new landbank opportunities and looking out for new opportunities in the country; with particular focus on the prime Greater KL area where the Group is well established.
Glomac Berhad | annual report 2022 | 3 |
Corporate
Information
BOARD OF DIRECTORS
Tan Sri Dato' Mohamed Mansor bin Fateh Din Group Executive Chairman
Datuk Fong Loong Tuck
Group Executive Vice Chairman
Datuk Seri Fateh Iskandar bin Tan Sri Dato' Mohamed Mansor
Group Managing Director/Chief Executive Officer
Dato' Ikhwan Salim bin Dato' Haji Sujak
Senior Independent Non-Executive Director
Datuk Ali bin Abdul Kadir Independent Non-ExecutiveDirector
Shan Choo
Independent Non-Executive Director
Datuk Bazlan bin Osman Independent Non-ExecutiveDirector
Mohd Razlan bin Mohamed Independent Non-ExecutiveDirector (Appointed on 27 May 2022)
AUDIT COMMITTEE
Chairman
Datuk Ali bin Abdul Kadir
Members
Dato' Ikhwan Salim bin Dato' Haji Sujak Shan Choo
Datuk Bazlan bin Osman Mohd Razlan bin Mohamed (Appointed on 29 June 2022)
RISK MANAGEMENT AND SUSTAINABILITY COMMITTEE
Chairman
Shan Choo
Members
Dato' Ikhwan Salim bin Dato' Haji Sujak Datuk Bazlan bin Osman Mohd Razlan bin Mohamed (Appointed on 29 June 2022)
NOMINATION COMMITTEE
Chairman
Dato' Ikhwan Salim bin Dato' Haji Sujak
Members
Datuk Ali bin Abdul Kadir Shan Choo
REMUNERATION AND EMPLOYEES' SHARE SCHEME COMMITTEE
Chairman
Dato' Ikhwan Salim bin Dato' Haji Sujak
Members
Datuk Ali bin Abdul Kadir Datuk Seri Fateh Iskandar
bin Tan Sri Dato' Mohamed Mansor Shan Choo
COMPANY SECRETARIES
Lilyrohayu binti Ab. Hamid @ Kassim MAICSA 7044674
SSM PC No.: 202008001385
Chua Siew Chuan
MAICSA 0777689
SSM PC No.: 201908002648
Chin Mun Yee
MAICSA 7019243
SSM PC No.: 201908002785
REGISTRAR
ShareWorks Sdn. Bhd.
[199101019611 (229948-U)]
No. 2-1, Jalan Sri Hartamas 8
Sri Hartamas
50480 Kuala Lumpur
Tel : +603 6201 1120
Fax : +603 6201 3121
PRINCIPAL BANKERS
Al Rajhi Banking & Investment
Corporation (Malaysia) Berhad
AmBank (M) Berhad
HSBC Amanah Malaysia Berhad
Malayan Banking Berhad
REGISTERED OFFICE & PRINCIPLE PLACE OF BUSINESS
Level 15, Menara Glomac
Glomac Damansara
Jalan Damansara
60000 Kuala Lumpur
Tel : +603 7723 9000
Fax : +603 7729 7000
AUDITORS
Deloitte PLT (AF 0080)
(LLP0010145-LCA)
Level 16, Menara LGB
1, Jalan Wan Kadir
Taman Tun Dr. Ismail
60000 Kuala Lumpur
Tel : +603 7610 8888
Fax : +603 7726 8986
STOCK EXCHANGE
Main Market of Bursa Malaysia Securities Berhad
Stock Name | : GLOMAC | |
Stock Code | : | 5020 |
Sector | : | Property |
WEBSITE
https://www.glomac.com.my
This is an excerpt of the original content. To continue reading it, access the original document here.
Attachments
- Original Link
- Original Document
- Permalink
Disclaimer
Glomac Bhd published this content on 30 August 2022 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 30 August 2022 06:33:07 UTC.
