Gamuda makes major move into digital market

Gamuda said the acquisition allows it to tap into a RM36bil market.

PETALING JAYA: Gamuda Bhd is going big into the cloud business by investing RM18mil in a Malaysian start-up offering Google Cloud solutions and by joining hands with Dagang Nexchange Bhd (Dnex) for a sovereign cloud solution.

In a statement yesterday, Gamuda announced that it is acquiring a 20% stake of up to RM18mil in Cloud Space Sdn Bhd, which is a Google Cloud premier partner.