Gadang nearly doubles 1Q earnings on stronger property sales, full commissioning of Indonesian mini hydropower plant
On its property business, Gadang said the division’s unbilled sales had risen to RM290 million as at 1QFY2024, providing earnings visibility over the next few years.
Gadang lands RM100m sub-contract under Central Spine Road project
KUALA LUMPUR (Sept 17): Gadang Holdings Bhd has secured a RM100.
Gadang sells land in Taman Melawati for RM43m for debt repayment, working capital
KUALA LUMPUR (Aug 23): Construction engineering company Gadang Holdings Bhd is selling a parcel of residential land located in Jalan Kolam Air, Taman Melawati for a total cash consideration of RM43 million to repay bank borrowings and for the group's working capital.
Construction, property segments pull Gadang 3Q net profit down 10% q-o-q
KUALA LUMPUR (April 29): Gadang Holdings Bhd saw its net profit for the third quarter ended Feb 28, 2021 (3QFY21) slide 10.
Gadang secures two ECRL work packages worth RM81m
KUALA LUMPUR (May 28): Gadang Holdings Bhd’s wholly-owned unit Gadang Engineering (M) Sdn Bhd has secured two contracts worth a combined RM81.
Gadang 3Q net profit dragged down by construction division
KUALA LUMPUR (May 14): Gadang Holdings Bhd’s net profit fell 24.
Gadang eyes new Pan Borneo Sabah packages next year
KUALA LUMPUR (Nov 6): Gadang Holdings Bhd said it intends to participate in the open tender process for the three Pan Borneo Sabah packages — worth RM925 million — to be awarded next year, besides having submitted bids for some RM1 billion worth of construction jobs.
Gadang 1Q net profit slips 10% on lower property sales
KUALA LUMPUR (Oct 24): Gadang Holdings Bhd’s net profit for its first quarter ended Aug 31, 2019 (1QFY20) fell 10% to RM14.
Light at the end of tunnel for Gadang
KUALA LUMPUR: Gadang Holdings Bhd is set to see some light at the end of the tunnel a year after Malaysians voted for a change in government, with the revival of some large infrastructure projects like the East Coast Rail Link (ECRL) and Bandar Malaysia.