RHB raises Gadang earnings forecasts on MRT job


KUALA LUMPUR: A research house reckons Gadang Holdings Bhd could boost its earnings and sentiment all the way to financial year 2019 after it bagged the RM952mil Mass Rapid Transit (MRT) viaduct project.

Gadang’s share prices rose to the highest it’s been all year, with a significant increase of 22% from its year’s low of RM1.03. It closed at RM1.26 after touching RM1.30 earlier yesterday.

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Business , Gadang , MRT

   

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