KUALA LUMPUR: AmInvestment Research is maintaining its Buy call on Gamuda Bhd with a sum-of-parts based fair value of RM5.60 while it sees the company as the best proxy to the booming construction sector in Malaysia.
AmInvestment Research said Gamuda has a dominant role in MRT (as the project delivery partner (PDP) and tunneling contractor) and its involvement in Pan Borneo Highway.
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