AmInvestment downgrades Gamuda, cuts fair value to RM2.20
KUALA LUMPUR (Nov 16): AmInvestment Bank Research has downgraded Gamuda Bhd to “Underweight” at RM2.
Gamuda Land launches GL HOME to facilitate homeownership
KUALA LUMPUR (Nov 9): In light of current property market conditions, Gamuda Land wants to help facilitate home ownership with a new campaign called GL HOME, a campaign that offers one-stop tailored solutions to assist buyers purchase their dream property with ease.
Uncertainties cast a pall over Gamuda, MMC
KUALA LUMPUR (Oct 30): The government’s decision last Friday to rescind Gamuda Bhd and MMC Corp Bhd’s contract termination concerning the mass rapid transit Sungai Buloh-Serdang-Putrajaya line (MRT2) project did not offer a long-enough respite for both stocks.
Gamuda's MRT2 profit sacrifice preferable to contract termination, say analysts
KUALA LUMPUR (Oct 29): While the revised cost structure of the mass rapid transit Sungai Buloh-Serdang-Putrajaya Line (MRT2) project could result in only a marginal total earnings contribution, analysts believe Gamuda Bhd's sacrifice in its profit margin is still preferable to a contract termination.
MRT2: Margin squeeze inevitable
KUALA LUMPUR (Oct 29): The good news that MMC-Gamuda KVMRT (T) Sdn Bhd received last Friday that the consortium will remain the contractor for the underground portion of the mass rapid transit Sungai Buloh-Serdang-Putrajaya Line (MRT2) project comes with a catch.
Gamuda active, up 1.22% after MRT 2 underground works set to proceed
KUALA LUMPUR (Oct 29): Gamuda Bhd shares rose 1.
Ipmuda gets properties as settlement of debt owed by Maju Holdings
KUALA LUMPUR (Oct 27): Building materials trader Ipmuda Bhd has come to an agreement with Maju Holdings Sdn Bhd for the latter to settle its RM7.
