SHAH ALAM (Dec 6): Gamuda Bhd said it is considering more overseas projects in order to maintain the pace of growth it has been achieving over the past decade, with compounded annual growth rate (CAGR) of 15% annually in terms of revenue and profit.
KOTA KEMUNING (Nov 26): Gamuda Land will be unveiling its first service apartment project in its 1,530-acre Gamuda Cove development in next month or January next year, said its CEO Ngan Chee Meng.
KOTA KEMUNING (Nov 26): Gamuda Land envisions the 50-acre Discovery Park in its 1,530-acre Gamuda Cove becoming the next tourism and entertainment hub in the Southern Klang Valley after it starts operations in mid-2019.
KUALA LUMPUR (Nov 16): AmInvestment Bank Research has downgraded Gamuda Bhd to “Underweight” at RM2.
KUALA LUMPUR (Nov 9): In light of current property market conditions, Gamuda Land wants to help facilitate home ownership with a new campaign called GL HOME, a campaign that offers one-stop tailored solutions to assist buyers purchase their dream property with ease.
KUALA LUMPUR (Oct 30): The government’s decision last Friday to rescind Gamuda Bhd and MMC Corp Bhd’s contract termination concerning the mass rapid transit Sungai Buloh-Serdang-Putrajaya line (MRT2) project did not offer a long-enough respite for both stocks.
KUALA LUMPUR (Oct 29): While the revised cost structure of the mass rapid transit Sungai Buloh-Serdang-Putrajaya Line (MRT2) project could result in only a marginal total earnings contribution, analysts believe Gamuda Bhd's sacrifice in its profit margin is still preferable to a contract termination.
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