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Glomac Bhd (XKLS:5020) Allowance For Loans And Lease Losses


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What is Glomac Bhd Allowance For Loans And Lease Losses?

Allowance For Loans And Lease Losses only applies to banks.


Glomac Bhd (XKLS:5020) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Glomac Bhd (XKLS:5020) » Definitions » Allowance For Loans And Lease Losses
Traded in Other Exchanges
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Address
Glomac Damansara, Level 15, Menara Glomac, Jalan Damansara, Kuala Lumpur, SGR, MYS, 60000
Glomac Bhd is a real estate development company. It is engaged in property development, construction of buildings, and property investment. The firm is organized into three areas of business. The Property development segment includes the development of residential land and commercial properties for sale and sale of land; Construction includes the construction of buildings, and Property investment includes the investment of land and buildings held for investment potential and rental income in the future. It derives the majority of its revenues from the property development segment. The group geographically operates and derives its income in Malaysia.