Gamuda Bhd (KL:GAMUDA) said on Thursday its joint venture (JV) with French rail engineer Alstom SA in Australia has secured a contract worth A$1.6 billion (RM5 billion).

The Petronas Twin Towers was also the recipient of the Editor’s Choice Awards for Timeless Excellence.

The firm, in a recent report, discussed the implications of AI proliferation for sectors such as telecommunications, real estate, power producers, tech manufacturing and construction.

Maybank Investment Bank has maintained its “buy” rating on Gamuda Bhd (KL:GAMUDA) at RM6.44 and adjusted the company's FY2024E earnings by -5%, FY2025E earnings by +2% and FY2026E earnings by +3%.

A press statement said 75 London Wall, which was earlier referred to as Winchester House and was formerly the UK headquarters of Deutsche Bank, is expected to be turned into office spaces.

Inta Bina Group Bhd (KL:INTA) said on Tuesday that it has secured a RM111.98 million contract from a unit of Gamuda Bhd (KL:GAMUDA) to build semi-detached houses.

Kerjaya Prospek Group Bhd (KL:KERJAYA), which mainly builds homes, is bidding for the construction of data centres and semiconductor factories worth over RM3 billion this year.

RHB Investment Bank Research has maintained its 'buy' rating for Gamuda Bhd (KL:GAMUDA) at RM5.58, with a higher target price of RM6.55 (from RM6.30), and said it is upbeat on the prospects Ho Chi Minh City (HCMC) has for Gamuda’s property arm.

Gamuda Land, the property arm of Gamuda Bhd, welcomed new tenants to its Quayside Mall and an international school to its Quayside Tower, through a memorandum of understanding (MOU) signing ceremony on April 25, according to a press statement on Monday.

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