Gamuda shares climb to two-week high on positive outlook despite 3Q earnings miss
“We expect the group’s performance to catch up in the final quarter, which has historically been its strongest.
“We expect the group’s performance to catch up in the final quarter, which has historically been its strongest.
While the pipeline met technical specifications, a segment of it was not fully supported by the ground beneath, which was found to be soft and moist.
The rising rents could be a double-edged sword, on one hand signalling the appeal of the once-forgotten areas, but also threatening to price out those who jump-started the vitality.
Datuk Chang Kim Loong: "For the average Malaysian, we have repeatedly said, owning a home is not just a dream but the largest financial commitment of a lifetime.
The group's domestic operations have gained significant momentum, with orders now contributing 41% of the overall RM35 billion construction order book, up from 28% last year.
For the three months ended April 30, 2025 (1QFY2026), Crescendo posted a net profit of RM7.
The stronger earnings were mainly driven by the RM402.
The deal involves three separate sale and purchase agreements signed on June 25.
Taman Midah, Kuala Lumpur factory sold for RM5.
The development occupies 2.