News About Gamuda
PETALING JAYA (Jan 12): The newly set-up property managers registry by the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP) offers the industry a “light at the end of the tunnel” as they will now be recognised and regulated by a government body, said SCM Property Services Sdn Bhd property and facilities management general Paul Richard.
Malaysian Resources Corp Bhd (Jan 3, RM1.25)
KUALA LUMPUR (Jan 3): Shares in Malaysian Resources Corp Bhd (MRCB) rose 5.17% in active trade this morning after CIMB IB Research maintained its “Add” rating on the stock at RM1.16 with a higher target price of RM1.31 (from RM1.19) and said it was more upbeat on MRCB’s infra and highway divestment prospects this year.
KUALA LUMPUR (Dec 18): Gamuda Bhd rose as much as 10 sen or 2% after the builder and property developer reported higher first quarter net profit at RM203.02 million from a year earlier. The company also declared a dividend to reward shareholders.
SHAH ALAM (Dec 7): Gamuda Bhd has targeted to replenish its construction orderbook by between RM6 billion and RM8 billion for its financial year ending July 31, 2018 (FY18).