Gamuda, MMC lose RM2.6b in market value
KUALA LUMPUR (October 9): Gamuda Bhd and MMC Corp Bhd saw a combined RM2.
KUALA LUMPUR (October 9): Gamuda Bhd and MMC Corp Bhd saw a combined RM2.
KUALA LUMPUR (October 9): MMC-Gamuda KVMRT (T) Sdn Bhd said that the joint venture (JV) was not being given a fair chance to work out the cost reduction for the underground works of the mass rapid transit Line 2 (MRT2) as the Ministry of Finance (MoF) did not reveal the target it wants to achieve.
KUALA LUMPUR (Oct 8): MMC Corp Bhd said today MMC Gamuda KVMRT (T) Sdn Bhd has not received any notice from Mass Rapid Transit Corp Sdn Bhd (MRT Corp) or the government pertaining to the termination of the Mass Rapid Transit Line 2 (MRT2) underground contract.
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.
KUALA LUMPUR (July 2): Sime Darby Property Bhd and MMC Corp Bhd’s RM200 billion Pulau Carey port project is unlikely to proceed, given the Pakatan Harapan government’s austerity drive and review of mega projects, said CIMB Research analyst Raymond Yap.
Gamuda Bhd (March 15, RM5) Maintain buy with a target price (TP) of RM5.
KUALA LUMPUR (Sept 29): Gamuda Bhd has reported a record-high revenue of RM1.
GUANGZHOU (Sept 5): MMC-Gamuda KVMRT (T) Sdn Bhd has started the groundwork for the construction of the second Klang Valley mass rapid transit (KVMRT2).
KUALA LUMPUR (Aug 29): MMC Corp Bhd’s net profit fell 49.