Gamuda shares continue climb as market hopes for MRT2 contract renegotiation
KUALA LUMPUR (Oct 12): Shares in Gamuda Bhd continued climbing in active trade this morning after rising 11.
Tony Pua to MMC-Gamuda: Malaysian Govt is not terminating MRT2 underground project
KUALA LUMPUR (Oct 10): Damansara MP Tony Pua said today the Malaysian Government is not terminating the Mass Rapid Transit Line 2 (MRT2) underground work project because the government plans to award the project to a contractor which can undertake the work at a lower cost.
An Open Letter to MMC-Gamuda
Dear Directors of MMC-Gamuda, Let me applaud you for putting up a great show since the Minister of Finance, Lim Guan Eng announced the Cabinet decision to (i) accept the offer from MMC-Gamuda to reduce the cost of the MRT2 Above Ground works by RM5.
Construction counters dip as govt retenders MRT2 underground work
KUALA LUMPUR (Oct 8): Construction counters this morning reacted negatively to news of the government's decision to retender MRT2's underground work, after terminating MMC-Gamuda KVMRT Sdn Bhd as the contractor.
