Glomac earnings may improve on better leasing rates at Glo Damansara


Glomac Dataran

KUALA LUMPUR: Glomac Bhd’s earnings for the financial year ending April 30,2020 (FY20) is expected to improve on better leasing rates at its Glo Damansara shopping mall.

According to Maybank Investment Bank Research, the leasing rates of the property group’s shopping mall in Petaling Jaya, Selangor, are expected to increase to 74% from 45% in FY18.

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Glomac , earnings , improve , leasing , rates , Glo Damansara ,

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