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KUALA LUMPUR: Gamuda Bhd posted a higher net profit in the three-month ended Jan 31 on improved contribution from its construction division, but its next quarter outlook is less certain.
The abrupt change in government has cast uncertainty over some big infrastructure projects, which were planned to be rolled out in the near future.
PETALING JAYA: The local construction sector could experience delays in public-sector project awards following the recent change in government.
Despite some level of uncertainty still surrounding proposed infrastructure projects in the country, investors in Malaysia’s listed construction firms remain unfazed.
THE following are excerpts from the Q&A with Chief Minister Chow Kon Yeow :
KUALA LUMPUR: Alliance DBS Research is retaining its Buy rating and sum-of-parts (SOP)-derived target price (TP) of RM4.65 for Gamuda.
GSC is back with yet another exciting contest: GSC Ticket to Win.
A TOTAL of 27 local and international companies and firms have been shortlisted in the Masterplan Design Competition (MDC) for the Penang South Reclamation (PSR) project near Teluk Kumbar.
PETALING JAYA: The Malaysian construction sector, a key harbinger of economic growth, has borne the brunt of weak business sentiment and lack of building jobs in the market.PETALING JAYA: The Malaysian construction sector, a key harbinger of economic growth, has borne the brunt of weak business sentiment and lack of building jobs in the market.