HLIB expects stronger 2HFY23 for Gamuda driven by Australian projects
In a note on Friday (March 24), the research house said it expects a stronger 2HFY23 for Gamuda driven by RM8.
Gamuda's 2Q profit climbs 9.8% as overseas earnings surge; first half earnings hit all-time high on highway sale gain
Gamuda is expecting its performance this year to be driven by property sales, a pick up in work progress of the Sydney Metro West-Western Tunnelling Package, the Coffs Harbour Bypass and the M1 Motorway Extension projects in Australia, following the sale of its highway assets to Amanat Lebuhraya Rakyat.
Gamuda names former AG Ambrin Buang as new chairman
Ambrin, 74, joined Gamuda’s board in September 2018 as the construction giant’s independent non-executive director.
Gamuda debuts first-of-its-kind Islamic ESG-linked financing with OCBC Malaysia
The group is looking forward to this partnership, which further reinforces the group’s sustainability agenda, particularly its commitment to reducing carbon emissions.
Analysts see possible minor reviews, delay in MRT3 awards and tenders to late 1H2023
Post election, it noted, there are uncertainties over the timing of mega infrastructure rerating catalysts.
Gamuda buys RM360m Rawang land for mixed development with RM3.3b GDV
"We anticipate a greater uptake for our future products with the upcoming retail, leisure and commercial properties in the next two years to tailor for the burgeoning market in this area.
Gamuda declares six sen dividend after 1Q net profit grows more than seven-fold
The company’s quarterly revenue gained 90% to RM1.
Gamuda chairman Mohammed Che Hussein retires
He has 31 years of experience at Malayan Banking Bhd (Maybank), where he held various senior positions including head of corporate banking, head of commercial banking and head of Malaysian operations.
Gamuda earmarks RM2 bil for sustainable investment over next five financial years
"Our RE plans also reach beyond the Malaysian border.
Gamuda's acquisition of solar energy firm puts it on track to become largest private RE producer
MIDF Research added Gamuda remains the research firm's top pick for the construction sector, having premised on its effective diversification strategy out of Malaysia in a bid to become a strong regional player.
