Analysts maintain 'buy' on Gamuda, expect strong quarters ahead on high order book, unbilled sales
There are currently 20 "buy" calls and only one "sell" call on Gamuda, with a 12-month average target price (TP) of RM5.
Gamuda records RM195 mil net profit in 1QFY2024
The group’s construction and property earnings grew 35% to RM195 million in 1QFY2024, compared with 1QFY2023’s earnings of RM145 million.
Gamuda bags RM1.77 bil Singapore MRT project
This project is part of Singapore’s 15-kilometre (km) Cross Island Line Phase 2 (CRL2) Mass Rapid Transit (MRT) line, which is also Singapore’s eighth MRT line, comprising six stations.
IOI Properties to buy W Kuala Lumpur hotel from Tropicana for RM270 mil cash
W KL is a 25-storey hotel with 150 rooms.
Crest Builder says UiTM concession company still has 11-year maintenance works contract remaining
The maintenance works form part of a concession agreement inked between UniTapah with the Malaysian government and Universiti Teknologi Mara (UiTM) back in May 2010, Crest Builder said in its filing.
Advancecon clinches RM35.6 mil earthworks job from Sime Darby Property
Last month, Advancecon won a RM22.
Bursa Malaysia introduces mandatory ESG reporting platform for PLCs
The addition of sustainability disclosures on the digital platform would allow for more standardised reporting and communication of such information, which is currently found in PLCs’ sustainability reports.
After Bursa's reprimand, SCIB says group now has stronger internal controls and audit processes
SCIB acknowledged that the late submission of its Annual Report 2021 was primarily due to complexities in auditing overseas construction contracts.
Expand scale and scope of Johor-Singapore special economic zone, says Ong Kian Ming
There should also be serious consideration for a third bridge linking Malaysia to Singapore in anticipation of increased economic activity, assuming that the successful implementation of the SEZ will lead to a “second take-off” for this region.
Country Heights promotes deputy MD to acting MD
The appointment follows the recent stepping down of Datuk Mircle Yap Ching Chai, who will now serve as a non-independent non-executive director of the group, the property developer said in a statement.
