Gamuda down on news of reduced role in MRT3


New method: MRT train moving towards Kajang from Kuala Lumpur city centre. MRT Corp has decided to carry out the MRT3 project via ‘build and finance’ by a turnkey contractor instead of the PDP model used for MRT1 and MRT2.

PETALING JAYA: Shares of Gamuda Bhd have taken a hit following news that the group will not be the project delivery partner (PDP) for the MRT3 or Circle Line project, which is set for completion in 2025.

The counter fell 26 sen or 5.13% to close at RM4.81, with 37.8 million shares being traded.

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Business , gamuda share price , MRT3 ,

   

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