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 (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): There will be no change to the number of underground stations for the Mass Rapid Transit 2 (MRT2) project, Finance Minister Lim Guan Eng said, dismissing concerns after the federal government decided to retender all the unfinished underground work of the project via an international open tender process.
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 (Aug 10): Bintai Kinden Corp Bhd shares jumped 12.
KUALA LUMPUR (July 20): While Mass Rapid Transit Corp Sdn Bhd (MRT Corp) has said it is trying to reduce the RM32 billion construction cost for the MRT2, government lawmaker Tony Pua says the project’s overall cost could balloon to RM50 billion.
SERI KEMBANGAN (Jul 11): Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) has announced that the overall progress of the MRT Sungai Buloh Serdang Putrajaya (SSP) Line (MRT2) is now close to 30% as at early July 2018.
KUALA LUMPUR (July 7): Things between China Communications Construction Co Ltd (CCCC) and its joint-venture (JV) partner George Kent (M) Bhd “is understood to be fraying at the seams because of issues” reported The Edge business weekly in its latest issue.
KUALA LUMPUR (June 28): Gamuda Bhd’s net profit in its third quarter ended April 30, 2018 (3QFY18) grew 17% to RM200.
Kimlun Corp Bhd (May 31, RM2.