News about gamuda

KUALA LUMPUR (June 30): Gamuda Bhd's earnings visibility has improved after the builder secured the RM30 billion Mass Rapid Transit (MRT) Line 2 project in the Klang Valley, Affin Hwang Investment Bank Bhd said.

KUALA LUMPUR (June 30): Gamuda Bhd’s net profit for the third quarter ended April 30, 2016 fell 4.

PETALING JAYA (June 28): The GEM Residences condominium jointly developed by Gamuda Land, Evia Real Estate and Maxdine Pte Ltd, in Toa Payoh, Singapore, has achieved a take-up rate of 55% since its launch on May 28, said Gamuda Land in a statement today.

KUALA LUMPUR (June 27): MMC Corporation Bhd and its partner in the Klang Valley Mass Rapid Transit (KVMRT) project are being sued for over RM300 million for an alleged breach of contract relating to a land acquisition for the project.

KUANG (June 18): Gamuda Land, the property arm of construction group Gamuda Bhd, aims to launch Kundang Estates residential development in Kampung Baru Kundang, Kuang, at the end of next month, said the developer’s chief operating officer, Ngan Chee Meng.

PETALING JAYA (June 6): Gamuda Land, the property arm of construction group Gamuda Bhd, aims to launch its first Australian project — 661 Chapel St in Melbourne — Down Under in the third quarter of this year, said the developer’s chief operating officer Ngan Chee Meng.

GAMUDA Land’s first Australian project in Melbourne — 661 Chapel St — has recorded a take-up rate of 30% since its launch in Kuala Lumpur in June last year.

Construction sector Maintain “overweight”: A local business daily reported that the Kuala Lumpur high speed rail (HSR) project will commence operations in 2027 from its initial target of 2020.

Construction sector Maintain overweight: Domestic contract awards to listed contractors in the first quarter of 2016 (1Q16) came in at a robust RM29.

GEORGE TOWN (April 6): The Federal Government is willing to provide input on the RM27 billion Penang Transport Master Plan (PTMP), according to Works Minister Datuk Seri Fadillah Yusof (pictured).