Gamuda shares log new record high while analysts scramble to raise target prices
The stock advanced as much as 19 sen or about 2% to reach RM9.
Kerjaya Prospek to pay Tee Eng Seng’s family vehicle RM292m in preference share redemption
Kerjaya Prospek issued the redemption notice to the investment vehicle, Javawana Sdn Bhd, on Dec 9, according to the property development company’s bourse filing on Thursday.
Gamuda pays five sen dividend as 1Q profit climbs 5%; order book hits record RM30b
The group saw earnings improvements in its construction business — both domestic and overseas — as well as its domestic property development operations.
Kumpulan Kitacon gets construction contracts worth RM204 mil
With the new wins, Kitacon’s outstanding order book has increased to RM1.
Two SCIB shareholders nominate directors for upcoming AGM
Among the resolutions to be tabled is the re-election of its six directors: Ku Chong Hong, Dang Nguk Ling, Datuk Seri Zaini Jass, Datuk Tan Bok Koon, Yak Boon Tiong, and Chiew Jong Wei.
Gamuda still has strong upside ahead, RHB IB says in raising consensus-topping target
The stock has also benefitted from a slew of news on highly-lucrative jobs to build data centres.
Haily bags RM38m housing project in Johor Bahru from Mah Sing
It also brings the group's total contract wins for 2024 to about RM770.
Gagasan Nadi Cergas inks deal to build over RM1b worth of affordable homes in Kwasa Damansara
This marks the group’s second collaboration with Kwasa Land, following an agreement between them for Gagasan Nadi to develop 1,669 affordable housing units on Plot R4-1 in Kwasa Damansara last year.
CIDB Malaysia appoints Zainora Zainal as new CEO
Zainora has been with CIDB for 26 years and has held various positions, including senior general manager of the technology development sector, CIDB Kuala Lumpur director, and general manager of the business environment and international divisions.
Construction sector on track for best year since 2016 — RHB
According to RHB in a note, the sector recorded RM183.
