CIMB Securities said the group will also bid for the upcoming systems package.
PETALING JAYA: Gamuda Bhd
remains the best proxy for exposure to the Penang Light Rail Transit (LRT) that is set to take off this month, according to CIMB Securities Sdn Bhd.
SRS Consortium, which is 60%-owned by Gamuda, was offered the first package (Mutiara Line civil infrastructure works) under a single-sourcing request for proposal last March.
