KUALA LUMPUR: The appointment of the Gamuda Bhd-led consortium as the project delivery partner (PDP) for the RM27 billion transport master plan (TMP) by the Penang state government will be a major catalyst for the stock, which has declined by 14.
GEORGE TOWN: Penang’s Transport Master Plan (TMP) played a vital role in the Malaysian Secondary Property Exhibition (Maspex) 2015, showcasing the vital link between infrastructure and the property sector.
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Property and infrastructure sector Maintain overweight on infrastructure sector while neutral on property sector.
Masochistic? Gamuda Land, the property arm of Gamuda Bhd, has launched its maiden Australian project in Melbourne, amid concerns of an oversupply of apartments in the city that may hurt investment potential.
KUALA LUMPUR (July 13): Mass Rapid Transit Corporation Sdn Bhd (MRT Corp) and MMC Gamuda KVMRT Sdn Bhd today signed the Project Delivery Partner (PDP) Agreement for the MRT Sungai Buloh-Serdang-Putrajaya Line (SSP Line).
KUALA LUMPUR (July 2): Kenanga IB Research maintained its overweight call over the construction sector, as it is still firmly backed by contractors’ healthy orderbooks that provide two to three years visibility, while its replenishment prospects and earnings were met by most contractors.
KUALA LUMPUR (June 25): Gamuda Bhd will acquire a 12,154.
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