Stock on the Move

Gamuda shares rise on news of Australian transport projects acquisition

KUALA LUMPUR: Shares in Gamuda Bhd opened flat on Thursday but took off shortly after, following news that the construction group had acquired Downer Group's Australian transport projects business.

At 9.40am, traders had bought up Gamuda's shares by 12 sen or 2.96% to RM4.18 a share on the back of 2.65 million shares.

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Monthly Plan

RM 13.90/month

Best Value

Annual Plan

RM 12.33/month

RM 8.02/month

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

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Gamuda , construction , Downer , transport , rail , Australia , acquisition

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