Gamuda's core profit may have risen up to 12% in 3Q — RHB
Gamuda's core net profit could come in between RM230 million and RM250 million for the third quarter ended March 31, 2024 (3QFY2024), the research house said in an earnings preview note.
Gamuda's core net profit could come in between RM230 million and RM250 million for the third quarter ended March 31, 2024 (3QFY2024), the research house said in an earnings preview note.
The construction firm announced that its wholly owned subsidiary, Grand Dynamic Builders Sdn Bhd (GDBSB), had accepted a letter of award for the construction of Plot B of a logistics hub from Strategic Sonata Sdn Bhd.
As the main contractor, GDB has to design, build and maintain the five-storey ramp-up warehouse, complete with offices, amenities, and supporting facilities.
The packaging manufacturer cum property developer reported quarterly revenue of RM1.
The research house said Gamuda’s FY2024 year-to-date win is circa RM9 billion and it expects to secure another estimated RM14 billion by end-CY2024, bringing forward its RM25 billion target for FY2024-2025E by half a year.
The group has 17 ongoing construction projects, with an outstanding order book of approximately RM1.
Minister highlights catalysts to Sabah’s property market, but experts point out issues that need to be noted to align with the progress.
The guide provides strata hosts, property managers, joint management bodies (JMB), management corporations (MC) and developers with a toolkit of resources to conduct short-term rentals responsibly in their apartment buildings and condominiums.
The 278-key hotel features standard and deluxe rooms, one-bedroom suites and presidential suites.
Through RHB’s innovative Green Home Financing programme, River Park buyers can enjoy a loan margin of up to 95%, along with a 5% MRTA/MRTT/FEC (Mortgage Reducing Term Assurance/Mortgage Reducing Takaful Term/Finance Entry Cost).