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KUALA LUMPUR, June 26 (Bernama) -- Gamuda Bhd recorded a higher net profit of RM671 million for the third quarter ended April 30, 2025 (3Q), up five per cent year-on-year, driven by stronger performance in its domestic construction projects.
By Naveen Prabu Kuppusamy
KUALA LUMPUR, June 3 (Bernama) -- CIMB Securities has revised downward its earnings forecasts for FTSE Bursa Malaysia KLCI (FBM KLCI) constituents by 5.6 per cent for both 2025 and 2026, citing widespread underperformance in the first quarter ended March 31, 2025 (1Q 2025).
KUALA LUMPUR, May 16 (Bernama) -- Gamuda Bhd’s wholly-owned subsidiary Gamuda Land (T12) Sdn Bhd is acquiring a 148.11-hectare land parcel in Kuala Langat, Selangor, for a total consideration of RM248.7 million.
KUALA LUMPUR, April 25 (Bernama) -- CLSA Securities Malaysia Sdn Bhd (CLSA) today officially launched its structured warrants on Bursa Malaysia Securities Sdn Bhd.
KUALA LUMPUR, April 10 (Bernama) -- Bids for Penang International Airport (PIA) main terminal building under the Package 3 are expected to open in May 2025 ahead of its scheduled 2027 completion.
KUALA LUMPUR, April 7 (Bernama) -- The direct impact on the construction sector following the 24 per cent reciprocal tariff on imports from Malaysia to the United States (US), effective April 9, is expected to be minimal, said MIDF Amanah Investment Bank Bhd.
KUALA LUMPUR, March 27 (Bernama) -- Shares of Gamuda Bhd rose in early trade today, supported by stronger financial performance in the second quarter ended Jan 31, 2025 (2Q FY2025), driven by robust growth in domestic construction activities.
KUALA LUMPUR, March 17 (Bernama) -- Top-tier Malaysian property developers are leading Australia’s largest urban renewal projects, while Malaysia is still debating the crucial Urban Renewal Act (URA) amid deteriorating low-cost housing, said Minister of Housing and Local Government, Nga Kor Ming.
KUALA LUMPUR, Feb 5 (Bernama) -- Perbadanan Kemajuan Negeri Perak (PKNPk) and Gamuda Bhd have signed an exclusive arrangement with the intent to develop an infrastructure to address critical water shortages in Northern Perak.
KUALA LUMPUR, Jan 31 (Bernama) – Malaysia remains a key data centre (DC) hub due to its strategic location, abundant resources, cost advantages, and established infrastructure with industry feedback suggesting no major disruptions to upcoming projects, according to MIDF Amanah Investment Bank Bhd.
KUALA LUMPUR, Jan 24 (Bernama) -- Gamuda Bhd, in a joint venture with Ferrovial (GFJV), has inked an early contractor involvement (ECI) agreement with Capricornia Energy Hub (CEH) for its Capricornia Pumped Hydroelectric Storage System (PHES) in Central Queensland, Australia.
KUALA LUMPUR, Jan 17 (Bernama) -- Gamuda Bhd and London-based real estate investor Castleforge marked the next stage in their £1.2 billion (RM6.6 billion) redevelopment of 75 London Wall in the City of London with a groundbreaking ceremony and the signing of one of London’s largest property development loan in recent years, valued at £500 million (RM2.75 billion).
