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KUALA LUMPUR: Gamuda Bhd’s decline in earnings for the first half of financial year ending July 31,2021 (FY21) could be just a bump on the road as its performance is expected to improve in the second half of the year, driven by a pick-up in construction activities and property sales as well as strong order book replenishment prospect.
The announcement by Gamuda Bhd that it plans to start the first reclamation works for the ambitious Penang South Islands (PSI) project will see more jobs under the Penang transport master plan (PTMP) coming on stream.
Gamuda Bhd, Spritzer Bhd, Aneka Jaringan Holdings Bhd, MAA Group Bhd, Green Packet Bhd and Yinson Holdings Bhd are among the stocks to watch on Friday, TA Securities Research said.
PETALING JAYA: Gamuda Bhd, whose 60%-owned subsidiary SRS Consortium Sdn Bhd is the project delivery partner (PDP) for the Penang transport master plan (PTMP), will begin the first reclamation works for the Penang South Island (PSI) project in the first quarter of this year.
KUALA LUMPUR: Gamuda Bhd’s subsidiary has signed the master agreement with the Penang Government to be the project delivery partner (PDP) for the Penang transport master plan.
KUALA LUMPUR: Jaks Resources, Gamuda, OCK, Wah Seong and MISC could see trading interest on Friday after their corporate announcements, says JF Apex Research.