Gamuda active, falls 12.50% as govt starts talks to buyout highways
KUALA LUMPUR (Feb 25): Gamuda Bhd shares fell 12.
A toll on highway concessionaires?
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.
Government in talks with Gamuda to acquire four highway concessions
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.
These nine property developers’ Ang Pow packets are works of art
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.
IBS could contribute in delivering affordable homes target
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.
Pelaburan Hartanah Bhd appoints new group MD and CEO
PETALING JAYA (Jan 4): Pelaburan Hartanah Bhd (PHB), a wholly-owned subsidiary of Yayasan Amanah Hartanah Bumiputera, has appointed Datuk Mahmud Fauzi Muda (pictured) as its new group managing director and CEO with effect from Jan 1.
Malaysian contractors expected to look for jobs in Singapore, says HLIB Research
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.
Gamuda eyes more overseas jobs to meet growth targets
SHAH ALAM (Dec 7): Gamuda Bhd is mulling more overseas projects to keep the pace of growth it has been achieving over the past decade, with a compounded annual growth rate (CAGR) of 15% in terms of revenue and profit.
Gamuda agrees MRT is 'too big, too early'
SHAH ALAM (Dec 6): Gamuda Bhd said it agrees with Prime Minister Tun Dr Mahathir Mohammad who said the costs involved for the Mass Rapid Transit (MRT) were too big for a project that will only see full ridership after 20- to 30 years.
