E&O expects stronger quarters ahead after reversing losses in 3Q

KUALA LUMPUR (Feb 24): Having reversed losses in the third quarter, Eastern & Oriental Bhd (E&O) expects stronger earnings in the following quarters, supported by recognition of sales from new property launches in Penang and better contribution from its hospitality segment as the economy begins to recover from the Covid-19 pandemic.

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Gamuda JV awarded RM1.45b Singapore MRT project

KUALA LUMPUR (Feb 23): Singapore’s Land Transport Authority (LTA) has awarded Gamuda Bhd's operating unit Gamuda Bhd Singapore Branch's (GBSG) joint venture (JV) with Wai Fong Construction Pte Ltd, a S$ 467 million (about RM1.

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