Analysts remain optimistic on Gamuda amid robust order book growth
RHB also noted that Gamuda is pursuing A$25 billion (RM70.
RHB also noted that Gamuda is pursuing A$25 billion (RM70.
This marks the second project secured by the group this month, following the RM26.
The scope of the contract encompasses comprehensive main infrastructure works, including roads, drainage systems, water reticulation, sewerage, KUALA LUMPUR (Dec 16): Advancecon Holdings Bhd (KL:ADVCON) has bagged a main infrastructure work contract worth RM44.
The stock advanced as much as 19 sen or about 2% to reach RM9.
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.
The group saw earnings improvements in its construction business — both domestic and overseas — as well as its domestic property development operations.
With the new wins, Kitacon’s outstanding order book has increased to RM1.
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.
The stock has also benefitted from a slew of news on highly-lucrative jobs to build data centres.
It also brings the group's total contract wins for 2024 to about RM770.