Water asset: A worker checking one of Splash’s water treatment plants. The Selangor state government has offered to buy the company, in which Gamuda is a shareholder, for RM2.55bil.
PETALING JAYA: Shares of Gamuda Bhd
tumbled on worries that the company may have to settle for a lower valuation for its water assets.
The stock declined 16 sen or 4.12% to RM3.72 on a volume of 15.36 million shares.
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