In a Bursa Malaysia filing yesterday, Gamuda explained that the shut-down was due to a slower pace of building works, given that contractors were only able to operate at about half capacity.
PETALING JAYA: Gamuda Bhd
posted a net loss of RM17.34mil for the fourth quarter of the financial year ended July 31,2020 due to a one-off non-cash impairment of RM148mil from the temporary shut-down of its industrialised building system (IBS) factory in Sepang.
In a Bursa Malaysia filing yesterday, Gamuda explained that the shut-down was due to a slower pace of building works, given that contractors were only able to operate at about half capacity.
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