KUALA LUMPUR: Kenanga Investment Bank Research is retaining its outperform on Gamuda Bhd
with an unchanged target price of RM4.10 after its subsidiary was officially appointed to oversee the Penang Transport Master Plan (PTMP).
It said on Thursday, 60%-owned SRS Consortium is officially the project delivery partner (PDP) for PTMP after finally inking the master agreement with Penang State Government.
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