Gamuda and Dong-Pi win RM522mil contract


Gamuda Singapore, a wholly owned subsidiary of Gamuda Bhd, made a joint bid of S$318.89mil (RM963mil) for the tract earmarked for executive condominium development .

KUALA LUMPUR: Gamuda Bhd and Taiwan’s Dong-Pi Construction Co Ltd have been awarded the construction contract for the Marine Bridge project at Guan Tang in Taiwan by state-owned oil and gas company CPC Corp Taiwan worth RM521.71mil.

In a filing with Bursa Malaysia, it said that the construction would be undertaken by an incorporated joint venture company comprising of Gamuda and Dong-Pi with 70% and 30% stakes respectively.

Save 30% OFF The Star Digital Access

Monthly Plan

RM 13.90/month

RM 9.73/month

Billed as RM 9.73 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.63/month

Billed as RM 103.60 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Gamuda , Dong-Pi , Marine Bridge , CPC Corp , Taiwan , contract ,

Next In Business News

Genting Plantations unit fined RM96.6mil by Indonesian authorities
US clears FGV to export palm following WRO modification
NEV sector surging full steam ahead
FBM KLCI dips after five-day rally, poised to end on a weekly gain
Advance estimate puts Malaysia's 4Q GDP at 5.7%
Applications open for Jelawang Capital's next Emerging Fund Managers' programme
Oil flat as chances of US strike on Iran recedes
Asia shares near record high on AI optimism, dollar up on receding Fed cut bets
Singapore's December exports rise 6.1% y-o-y, weaker than expected
Bursa Malaysia buoyed by improved investor appetite

Others Also Read