Glomac to continue with overseas investments
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Property developer Glomac Bhd, unperturbed by the global economic turmoil, will continue to invest overseas, especially in Australia, through takeovers of commercial buildings.
Group executive vice-chairman Datuk Richard Fong Loong Tuck said there will be more opportunities to buy with the collapse of two venerable Wall Street institutions, Lehman Brothers and Merrill Lynch.
“With the economic downturn, [...]
Posted in: Australia