Gamuda banks on Viet, S’pore property sales


Ongoing construction jobs, MRT2 to help drive growth of Gamuda. (File picture shows Gamuda workers being trained in tunnelling)

PETALING JAYA: Gamuda Bhd expects overseas property sales and the continued progress of the mass rapid transit Putrajaya line (MRT2) to drive its performanncce for the financial year ending July 31,2021 (FY21).

The construction and property group said its resilience would be underpinned by its construction order book of RM5.5bil and unbilled property sales totalling RM3.6bil, which would see the group through the next two years.

The Star 6.6 DEAL: 35% OFF Digital Access

Monthly Plan

RM 13.90/month

RM 9.04/month

Billed as RM 9.04 for the 1st month, RM 13.90 thereafter.

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

Billed as RM 96.20 for the 1st year, RM 148 thereafter.

Follow us on our official WhatsApp channel for breaking news alerts and key updates!
Gamuda , MRT2 , construction , Singapore , Vietnam ,

Next In Business News

Kelington expands collaboration with PETRONAS CCS Solutions
IOI profitability set to improve
Bus Cap rises on ACE Market debut
Perdana Petroleum bags RM136mil jobs
Willowglen wins RM47mil contracts in Singapore
Matrix Concepts unveils scholarship programme
Yeoh brothers lead Concrete Engineering
Citaglobal bags RM38mil Penang LRT job
YLI Holdings disposes of industrial land for RM29mil
PPB Group to get new MD from Sept 1

Others Also Read