Gamuda shares rise 11%

Minister of Economic Affairs Datuk Seri Mohamed Azmin Ali at the closing of China Conference in KL Hilton.

PETALING JAYA: Shares in Gamuda Bhd and MMC Corp Bhd rose after it was announced that the Cabinet had set up a committee to review the underground contract that was awarded to MMC-Gamuda for the mass rapid transit 2 (MRT2) project.

At 5pm yesterday, Gamuda saw its share price increasing by more than 11% to close at RM2.30, while MMC Corp increased one sen to RM1.13.