Standing out from the competition can be tough and Gamuda Land, in bringing Madge Mansions to the market, has come up with a special feature for the uber-luxurious product in Ampang, Kuala Lumpur.

KUALA LUMPUR: Gamuda Land Sdn Bhd has unveiled its low-rise luxury condominium project Madge Mansions on Jalan U-Thant in Ampang that features a unique personalised butler service known as “At Your Service”. “We like to take innovative approaches to our projects.

KUALA LUMPUR: Gamuda Land Sdn Bhd, a unit of Gamuda Bhd, is targeting sales of RM1.3 billion from domestic and overseas projects for its financial year ending July 31, 2011, surpassing last year's sales of RM800 million.

Managing Director Chow Chee Wah said the projection was based on the bullish property market and the company's current sales which had already hit RM860 million.

Early Bird Catches The Worm

• Possible positive surprises with upcoming Invest Malaysia conference, SPAD’s Urban Rail Network Plan & PEMANDU’s monthly update (much awaited approval for MRT Circle Line?)

• Launches near potential MRT interchanges making waves

Solid quarter, bright spots ahead

• 1HFY11 net profit was within our expectation but beat street estimates; expect stronger 2H

? No issue. 1HFY07/11 net profit came in at 47% of our full-year forecast and the full-year market consensus. However, we consider the results within expectations as we expect a stronger 2H on the back of continued improvement in construction margins as well as stronger property profits.

Gamuda
Earnings uptrend intact

Gamuda
2QFY11 : On the right track

Bank of China – China

KUALA LUMPUR: Gamuda Bhd reported a net profit of RM94 million in the second quarter (2Q) for the financial year ending July 31, 2011, an increase of 20% compared to RM78 million recorded in the preceding year corresponding quarter due to higher contribution from all divisions.