‘Minimal’ impact seen on earnings from Singapore job

(File pic shows Gamuda's tunnelling works in Malaysia

PETALING JAYA: Gamuda Bhd’s contract win in Singapore worth S$467mil (RM1.45bil) is likely to have minimal impact on the group’s earnings.

The contract is for the proposed Defu station at Singapore’s eighth MRT line, the Cross Island Line Phase 1 (CRL1), undertaken by a 60:40 joint venture (JV) between Gamuda Bhd Singapore Branch and Wai Fong Construction Pte Ltd.