Gamuda, Castleforge break ground for £1.2 bil redevelopment project in London
Previously known as Winchester House and the UK headquarters of Deutsche Bank, Gamuda and Castleforge acquired the building in February 2023 in a 75:25 joint venture.
Previously known as Winchester House and the UK headquarters of Deutsche Bank, Gamuda and Castleforge acquired the building in February 2023 in a 75:25 joint venture.
Gamuda is on track to reach the RM40 billion to RM45 billion target by the end of 2025, the research house noted.
Once the notice to proceed is issued, Gamuda will have six years to complete the contract.
That means Gamuda should be valued at RM8.
MUI Properties Bhd (KL:MUIPROP) executive chairman Boo Yeow’s latest deal saw the sale of a sizeable parcel of land near Port Dickson to Gamuda Bhd (KL:GAMUDA) for the latter’s data centre venture.
MUI Properties said Gamuda acquired the land in the industrial park of its flagship Bandar Springhill development for the outfit's high-tech digital infrastructure hub.
RHB also noted that Gamuda is pursuing A$25 billion (RM70.
The stock advanced as much as 19 sen or about 2% to reach RM9.
The group saw earnings improvements in its construction business — both domestic and overseas — as well as its domestic property development operations.
Eaton Park is located 6.