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GEORGE TOWN: Penang state government has set year-end timeline for the Gamuda Bhd-led SRS Consortium to submit application for approval to construct the light rail transit (LRT) project under the Penang Transport Master Plan (PTMP).
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: Kenanga Investment Bank Research is retaining its outperform on Gamuda Bhd with an unchanged target price of RM4.10 after its subsidiary was officially appointed to oversee the Penang Transport Master Plan (PTMP).
KUALA LUMPUR: Kenanga Investment Bank Research is retaining its outperform on Gamuda Bhd with an unchanged target price of RM4.10, after its subsidiary was officially appointed to oversee the Penang Transport Master Plan (PTMP).
PETALING JAYA: While the Penang South Reclamation (PSR) project has shown positive progress in obtaining the relevant approvals, UOB Kay Hian is cautious about the commencement of the project due to the absence of capital outlay.
KUALA LUMPUR: UOB Kay Hian Malaysia Research is retaining its Hold call for Gamuda Bhd and a target price of RM3.65 after its foray into Australia and the government's go-ahead to take over its tolled roads.
The abrupt change in government has cast uncertainty over some big infrastructure projects, which were planned to be rolled out in the near future.
A SEASONED hand in the construction sector, Datuk Lin Yun Ling has been the face of construction giant Gamuda Bhd to the investor community. What makes Lin, a relatively low-profile corporate figure, newsmaker for this week, is perhaps the company being the PDP (project delivery partner) “king” in the country.
CGS CIMB stays “neutral” on the telecom sector. It noted that during the June to August 2018 quarter, postpaid market activities were largely quiet. U-Mobile (UM) raised its brand’s visibility with a new RM50 per month unlimited plan.