News about Gamuda

PETALING JAYA (March 2): The planned state highway takeover of concessions owned by Gamuda Bhd has some observers saying that it is a step in the right direction for the Pakatan Harapan government in fulfilling promises from their election manifesto.

KUALA LUMPUR (Feb 26): The acquisition of four existing highways from Gamuda Bhd will save the government RM5.

KUALA LUMPUR (Feb 26): Shares of Gamuda Bhd regained some lost ground this morning after the company said it would ensure any takeover of its highway concessions is in line with "market valuation norms and practices".

KUALA LUMPUR (Feb 26): Gamuda Bhd has pledged to ensure that any takeover of its highway concessions is in line with “market valuation norms and practices”.

KUALA LUMPUR (Feb 25): Gamuda Bhd shares fell 12.

KUALA LUMPUR: The spotlight is on Gamuda Bhd and its peers which own highway concessions once again as the government is working on ways to honour its promise to abolish tolls in stages.

KUALA LUMPUR (Feb 25): Putrajaya says it has begun talks with Gamuda Bhd to negotiate the acquisition of four highway concessions that the company has a majority stake in, with the aim of abolishing toll collection at these highways.

In the olden days, the Ang Pow or red packets were literally just that -- plain red envelopes that were used to wrap coins to be given to unmarried individuals or children by the elderly or married couples as a blessing during the Chinese New Year.

PETALING JAYA (Jan 29): Gamuda Bhd is ready to provide support to property developers and the government with the company’s digital robotic industrialised building system (IBS) technology to build and deliver new affordable homes for Malaysia in line with the new National Housing Policy.

KUALA LUMPUR (Jan 3): In light of the slowdown in contracts awarded in the local construction scene, Malaysian contractors are expected to bid for more jobs in Singapore, according to Hong Leong Investment Bank (HLIB) Research.