Gamuda climbs two positions to No. 5 in TPDA 2020
The TPDA is evaluated based on both qualitative and quantitative attributes.
The TPDA is evaluated based on both qualitative and quantitative attributes.
Of the RM10 billion, 50% will come from Australia while the remaining will come from Penang
Gamuda Bhd, Sunway Construction Group Bhd (SunCon), IJM Corp Bhd and Malaysian Resources Corp Bhd (MRCB) are expected to be among the beneficiaries.
What are the challenges faced in managing a strata building? How do we overcome these issues? What is the role of the management committee?
Below 10 years non-strata residential Gold: The Cove @ Horizon Hills
EdgeProp-ILAM Malaysia's Sustainable Landscape Award 2020 Gold: Horizon Hills
EdgeProp Malaysia’s Responsible Developer: Building Sustainable Development Award 2020: Gamuda Land
The award was in recognition of its commitment to ensure the liveability of the townships it has built.
“Gamuda’s net gearing remains at a reasonable level of 35%. It maintains a high cash balance of RM2.5 billion and receives strong support from banks. About half its debts are long-term borrowings. Hence, (even without the deal) it will be able to be to sustain its operations, despite slow sales and slow construction progress billings.”
"We believe the new government is unlikely to proceed with the acquisition of Gamuda's toll highway stakes for RM2.36 billion, given the financial constraints as the federal government deficit is set to rise due to the economic stimulus measures.”