Analysts upbeat on Gamuda's end-2024 order book target of RM35b
In the property sector, Gamuda achieved its RM5 billion sales target for FY2024, and is setting its sights on RM6 billion in FY2025.
In the property sector, Gamuda achieved its RM5 billion sales target for FY2024, and is setting its sights on RM6 billion in FY2025.
The construction firm said its wholly-owned TSR Bina Sdn Bhd had accepted the contract from Sime Darby Property Bhd.
The construction of the terraced houses is expected to be completed within three years, while the substations are projected to be finished within six months after receiving the architect’s instructions, the company said.
“As the national economy is projected to remain in the range of 4.
The construction company — formerly known as M-Mode Bhd — however, did not provide any details about the project in its bourse filing.
Citaglobal said the contracts are expected to contribute positively to its future earnings and net assets per share for the financial year ending Dec 31, 2024, (FY2024) until FY2026.
It consists of 811 units of double-storey houses with prices starting from RM250,000.
Jati Tinggi had in March and July bagged two similar contracts worth a combined RM42 million from Worktime Engineering to lay underground cables for data centres in the southern region of Peninsular Malaysia.
SDB is now suing Ho Hup and HHVKK for RM46.