PETALING JAYA: Large-scale infrastructure projects and sale of water infrastructure assets will help support construction firm Gamuda Bhd
’s share price, says CIMB Research.
The research house said the company has eyed some RM3bil to RM4bil worth of infrastructure projects over the next 13 months. CIMB Research has raised the company’s target price to RM5.97 from RM5.92, an upside of 21.8% from its last traded price of RM4.90.
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