Gamuda's 3Q net profit edges up to RM223.36 mil on stronger overseas earnings, pays six sen dividend
On a quarter-on-quarter basis, Gamuda’s latest quarterly net profit rose 14.
Gamuda kicks off Penang South Island reclamation with RM3.7b Phase 1 works
This involves about 1,260 acres of the total 2,300 acres to be reclaimed for the island known as Island A, which the project developer Silicon Island Development Sdn Bhd — the 70:30 joint venture between Gamuda and the Penang state government — had previously estimated would cost RM6 billion in total to reclaim, with the cost of common infrastructure expected to be RM2.
CGS-CIMB expects Gamuda's core net profit to rise 7% in FY23F
CGS-CIMB said that once earnings delivery picks up for its maiden Australia project Sydney Metro West which is 20-25% complete, that should instill more investor confidence in Gamuda’s ability to execute projects in Australia.
NGO trio calls out Gamuda’s claim on rigorous EIA process and positive public support for PSI, a 'red herring'
“Gamuda claims that over 93% of public comments on the EIA favoured the reclamation project.
Gamuda: Scaling down reclamation in Penang is scant regard to rule of law
Gamuda raises the concern on the possible implications for “approval process of future development projects” given that the PSI project was scaled down half way through it.
Scale down of PSI has no earnings impact on Gamuda, says Public Investment Bank
"On top of that, we also expect the Bayan Lepas LRT under the Penang Transport Master Plan (PTMP) to kick off sooner than expected.
AIMS Group to collaborate with Gamuda to build second data centre in Cyberjaya
AIMS Cyberjaya Block 2 is a turnkey project featuring a purpose-built data centre with improved efficiency and building structure, and a total IT load of 8MW.
Mohammed Rashdan to step down as Gamuda deputy group MD
“His departure from the group is to focus his attention, energy and effort on serving his national duty.
Gamuda Land’s Bay Street commercial shops in Gamuda Cove 90% sold
Bay Street has a total of 47 units comprising two and three-storey retail shops with built-up sizes ranging from 3,300 to 7,557 sq ft with prices ranging from RM2 million to RM3.
Gamuda and partner buy Winchester House London for RM1.39b to turn into best-in-class ESG office space
Gamuda said it plans to refurbish and upgrade the property into a best-in-class, top-rated environmentally sustainable ESG office space that caters to global or multinational financial institutions, legal firms, and mega-tech corporations.
