Construction sector Maintain overweight: The project delivery partner (PDP) contract for the high-speed rail (HSR) Malaysian infrastructure works was split between the YTL Corp-TH Properties and MRCB-Gamuda consortiums.
Malaysian Resources Corp Bhd (April 6, 97.
Gamuda Bhd (April 6, RM5.
KUALA LUMPUR (April 6): MyHSR Corp Sdn Bhd has appointed the Malaysian Resources Corp Bhd–Gamuda Bhd consortium (MRCB-Gamuda Consortium) and the Syarikat Pembenaan Yeoh Tiong Lay Sdn Bhd-TH Properties Sdn Bhd consortium (YTL-THP) as its project delivery partners (PDPs) for the Kuala Lumpur-Singapore high speed rail (HSR) civil works portion.
KUALA LUMPUR (April 2): Twelve work packages for the Sabah portion of the Pan Borneo Highway (pictured) are expected to be awarded over the next two weeks, according to industry sources.
Gamuda Bhd (March 26, RM5.
KUALA LUMPUR (March 24): Higher construction work progress and stronger overseas property sales boosted Gamuda Bhd's net profit in its second quarter of financial year 2018 (2QFY18), which grew 27% to RM211.
Gamuda Bhd (March 15, RM5) Maintain buy with a target price (TP) of RM5.
KUALA LUMPUR (Feb 15): Kuala Lumpur City Hall (DBKL) has denied that it has approved developments in the city illegally.
KOTA KINABALU (Feb 7): Gamuda Land aims to launch the third and final tower of Bukit Bantayan Residences phase 1 in Kota Kinabalu, Sabah, in March.
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