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  • Glomac Unit Sells Property In Melbourne
  • Glomac unit sells property in Melbourne
    Oct 09, 2013
    KUALA LUMPUR: Glomac Bhd’s 46 per cent-owned VIP & Glomac Pty Ltd has sold a property in Melbourne, Australia, for A$43.80 million (RM132.5 million).

    The property, comprising carpark, office and retail space, was sold to developer Hiap Hoe Ltd.

    The sale was part of Glomac’s move to focus on the Malaysian real estate, it told Bursa Malaysia on 8 October.

    - Business Times