Strong influx of mega projects seen to contribute to Gamuda’s order book
Gamuda Bhd (March 26, RM5.
Gamuda posts higher 2Q profit with stronger construction, property contributions
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 seen as proxy for nation’s massive infrastructure spending plan
Gamuda Bhd (March 15, RM5) Maintain buy with a target price (TP) of RM5.
Mayor: No such thing as illegal developments in Kuala Lumpur
KUALA LUMPUR (Feb 15): Kuala Lumpur City Hall (DBKL) has denied that it has approved developments in the city illegally.
Gamuda Land to launch last tower of Bukit Bantayan Residences phase 1 in March
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.
Ikhmas expected to resume growth trajectory on higher progress billing
Ikhmas Jaya Group Bhd (Feb 2, 56 sen) Maintain buy with an unchanged target price (TP) of 75 sen: Ikhmas Jaya Group Bhd recently announced that it had accepted a letter of award from Mudajaya Corp Bhd to undertake subcontract bored pilling works (Zone 2 and Zone 3) for light rail transit (LRT) 3 package GS01.
Gamuda Land to launch first non-landed residences at twentyfive.7 by mid-2018
KOTA KEMUNING (Jan 26): Gamuda Land is looking to officially launch the first non-landed homes, The Amber Residence, in its twentyfive.
GE14 outcome won’t derail HSR, says HSBC
KUALA LUMPUR (Jan 23): Malaysia’s 14th general election’s (GE14) outcome is unlikely to affect the execution of rail projects such as the Kuala Lumpur-Singapore High-Speed Rail (KL-SG HSR), said HSBC Bank Malaysia Bhd chief executive officer Mukhtar Hussain.
Property managers registry gives sector recognition
PETALING JAYA (Jan 12): The newly set-up property managers registry by the Board of Valuers, Appraisers, Estate Agents and Property Managers (BOVAEP) offers the industry a “light at the end of the tunnel” as they will now be recognised and regulated by a government body, said SCM Property Services Sdn Bhd property and facilities management general Paul Richard.
