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 .
PETALING JAYA: Gamuda Bhd
’s net profit fell 14.6% to RM176mil in the third quarter ended April 30 from RM206.1mil in the corresponding quarter last year.
In a filing with Bursa Malaysia, the construction and property group said its lower earnings were mainly because the group had stopped recognising its share of profits from SPLASH Holdings following the sale of its 40% stake in the water treatment firm at the end of last year.
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