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.

Subscribe now to our Premium Plan for an ad-free and unlimited reading experience!

Gamuda , MRT2 , construction , Singapore , Vietnam ,

   

Next In Business News

MAHB to ‘clean house’ at Malaysia airports
Short Position: Stockbroking challenge, Earnings drag, How low can you go?
How to correct global imbalances?
Is the ringgit weakness permanent?
Ringgit to recover on investor confidence
Workplace stress and anxiety
Calls for strategy to boost taxes
Reforms needed to strengthen local currency
What ails the ringgit?
Alliance, CGC allocate RM1bil for MSMEs

Others Also Read