The Malaysian Pulse
Beat of the Nation
Sun, 15 Sep 2019, 9:56 PM
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Topic: Gamuda Bhd

The Edge Markets:
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KLCI tracks regional advance in early trade
KUALA LUMPUR (Sept 13): The FBM KLCI ticked up in early trade Friday, tracking the advance at regional markets.
EdgeProp.my:
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Gamuda Land opens new RM150m ELITE interchange to Gamuda Cove township
DENGKIL (Sept 6): Gamuda Land, the property arm of construction group Gamuda Bhd, has today opened the new RM150 million Gamuda Cove Interchange here, which provides direct access from the North-South...
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Gamuda Land opens new RM150m ELITE interchange to Gamuda Cove township
DENGKIL (Sept 6): Gamuda Land, the property arm of construction group Gamuda Bhd, has today opened the new RM150 million Gamuda Cove Interchange here, which provides direct access from the North-South...
Malaysiakini:
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Dong Zong, Koon Yew Kin, Papagomo cases to be referred to AG
Investigation papers on Prime Minister Dr Mahathir Mohamad's accusation that Chinese educationist group Dong Zong is racist will be referred to the Attorney-General's Chambers soon.
The Edge Markets:
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Lead Story: Construction space is overcrowded
THE rally in construction stocks this year has been fuelled by the resumption of mega infrastructure projects, including the RM44 billion East Coast Rail Link (ECRL) and RM16.6 billion Light Rail Tran...
Malay Mail:
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Guan Eng: Cabinet will make final decision on highway takeover after meeting all shareholders
KUALA LUMPUR, Aug 30 — Finance Minister Lim Guan Eng today said that the government’s final decision to purchase four tolled highways will only be decided by the Cabinet after meeting all sharehol...
The Star:
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Trading ideas: Axiata, Gamuda, Genting Malaysia, CIMB, Leong Hup
KUALA LUMPUR: Axiata Group Bhd, Gamuda Bhd, Genting Malaysia Bhd, CIMB Group and Leong Hup International Bhd are among the stocks to watch on...
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Gamuda, MoF seek more time for highway talks
KUALA LUMPUR: The Malaysian government and Gamuda Bhd are seeking more time to hammer out the details of the proposed acquisition of four toll concessionaires linked to Gamuda for RM6.2 billion, which...
The Star:
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Litrak, MOF Inc extend cut-off date for highway takeover talks to Oct 31
PETALING JAYA: Toll-highway operator Litrak Holdings Bhd and the Minister of Finance Incorporated (MOF Inc) have mutually agreed to extend the cut-off date to...
The Edge Markets:
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Axiata, Kimlun, TH Plantations, Bina Darulaman, PPB, Gamuda and Leong Hup
KUALA LUMPUR (Aug 29): Based on corporate announcements and news flow, companies in focus tomorrow (Aug 30) could include Axiata Group Bhd, Kimlun Corp Bhd, TH Plantations Bhd, Bina Darulaman Bhd, PPB...
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Litrak and MOF Inc extend cut-off date over highway takeover talks to Oct 31
KUALA LUMPUR: Tolled-highway operator Litrak Holdings Bhd and the Minister of Finance Incorporated (MOF Inc) have mutually agreed to extend the cut-off date to negotiate and finalise the terms of the ...
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MoF Inc, Kesas extend talks on highway takeover to Oct 31
KUALA LUMPUR (Aug 29): Minister of Finance (Incorporated) (MoF Inc) and Gamuda Bhd's 70% owned unit, Kesas Holdings, have agreed to extend the cut-off date to negotiate and finalise the terms of the d...
Malay Mail:
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MOF Inc, Kesas extend talks on highway takeover to Oct 31
KUALA LUMPUR, Aug 29 — Minister of Finance (Incorporated) (MOF Inc) and Gamuda Bhd’s 70 per cent owned unit, Kesas Holdings, have agreed to extend the cut-off date to negotiate and finalise the te...
The Star:
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Litrak, MOF Inc extend cut-off date over highway takeover talks to Oct 31
KUALA LUMPUR: Tolled-highway operator Litrak Holdings Bhd and the Minister of Finance Incorporated (MOF Inc) have mutually agreed to extend the cut-off...
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IJM awaiting Govt's decision on toll highways takeover
SUBANG JAYA (Aug 29): IJM Corp Bhd is still awaiting the Government's decision to acquire 15 toll highways nationwide, said its chief executive officer and managing director, Datuk Soam Heng Choon.
Malay Mail:
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IJM awaits govt’s decision on toll highways takeover
SUBANG JAYA, Aug 28 —  IJM Corp Bhd is still awaiting the government’s decision to acquire 15 toll highways nationwide, says chief executive officer and managing director, Datuk Soam Heng Choon.
The Edge Markets:
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IJM awaiting Govt’s decision on toll highways takeover
SUBANG JAYA (Aug 28): IJM Corp Bhd is still awaiting the Government's decision to acquire 15 toll highways nationwide, said its chief executive officer and managing director, Datuk Soam Heng Choon.
Malaysiakini:
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Highways: PM seeks understanding from public
Prime Minister Dr Mahathir Mohamad has sought the public's understanding over problems faced by his administration in fulfilling Pakatan Harapan's promise to abolish highway toll charges.
Malaysiakini:
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Bersatu man wants law applied equally on 'controversial issues'
As police spent hours questioning the Islamic preacher Dr Zakir Naik, Bersatu supreme council member Mohd Rafiq Naizamohideen (photo, above) urged that the law should be enforced against others to tou...
The Edge Markets:
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Genting Malaysia, Heineken, Press Metal, AWC, KLK, Pos Malaysia, Gamuda, TNB,...
KUALA LUMPUR (Aug 20): Based on corporate announcements and news flow today, companies in focus on Wednesday (Aug 21) may include: Genting Malaysia Bhd, Heineken Malaysia Bhd, Press Metal Aluminium Ho...
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TNB drops suit against Gamuda after payment of RM91m
KUALA LUMPUR (Aug 20): Gamuda Bhd said Tenaga Nasional Bhd (TNB) has withdrawn a legal suit against the group, following the full settlement of a sum totalling RM91.1 million.
CarSifu:
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Khazanah hands in proposal on toll highways
PETALING JAYA: Khazanah Nasional Bhd says it has submitted a proposal on toll highways to the government alongside several other proposals from various parties.
EdgeProp.my:
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Minister not aware of reported new highway takeover plan
KUALA LUMPUR (Aug 20): Works Minister Baru Bian is not aware of a new plan for the government’s takeover of 15 highways.
The Edge Markets:
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Minister unaware of reported new highway takeover plan
KUALA LUMPUR: Works Minister Baru Bian (pic) is not aware of a reported new plan for the government’s takeover of 15 highways.
The Star:
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Khazanah submits proposal on toll highways
PETALING JAYA: Khazanah Nasional Bhd says it has submitted a proposal on toll highways to the government alongside several other proposals from various parties.
The Edge Markets:
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Police record Koon's statement over his remarks on armed forces
IPOH (Aug 19): Businessman Koon Yew Yin had his statement recorded by the police here today for allegedly making disparaging remarks against the Malaysian armed forces.
Malaysiakini:
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Tycoon quizzed by cops for more than two hours
Tycoon Koon Yew Yin (photo, above) was today questioned by police for more than two hours over his comments that were deemed disrespectful to the Royal Malaysian Armed Forces.
theSun:
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Police record Koon’s statement over his remarks on armed forces (Updated)
IPOH: Businessman Koon Yew Yin had his statement recorded by the police here today for allegedly making disparaging remarks against the Malaysian armed forces.
The Edge Markets:
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Minister not aware of reported new highway takeover plan
KUALA LUMPUR (Aug 19): Works Minister Baru Bian is not aware of a new plan for the government’s takeover of 15 highways.
Free Malaysia Today:
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Tycoon Koon makes statement to Jelapang police
IPOH: Businessman Koon Yew Yin turned up at the Jelapang police station here today, believed to be for having a statement recorded in connection with his recent remarks which have been deemed to be be...
Malaysiakini:
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Tycoon apologises for remarks on armed forces
Gamuda Bhd founder Koon Yew Yin (photo, above) has apologised for his remarks in his blog that had been deemed disrespectful towards the Malaysian Armed Forces.
Malaysiakini:
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Gamuda founder under fire for comments against armed forces
Gamuda Bhd founder Koon Yew Yin (above) is under fire from various quarters for a statement deemed disrespectful to the Malaysian Armed Forces.
The Borneo Post:
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We’re trained soldiers, not plantation workers, veterans group tells Perak tycoon
Mohamed Arshad Raji KUCHING: National Patriots Association (Patriot), an army veterans’ group, has panned a business tycoon in Perak for suggesting that Malaysian armed forces personnel be diverted...
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Affin Hwang Capital upgrades Construction sector to Overweight
KUALA LUMPUR (Aug 7): Affin Hwang Capital Research has upgraded the construction sector to “Overweight” (from Neutral) and said Malaysia Rail Link Sdn Bhd (MRL) will call for tenders for the RM44 ...
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RM6.2b price tag for takeover of four highways not final — deputy minister
KUALA LUMPUR (Aug 1): The RM6.2 billion price tag that the government has offered to take over four toll highway concessions in the Klang Valley is not final, Deputy Finance Minister Datuk Ir Amiruddi...
Malaysiakini:
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RM6.2b for takeover of 4 highways not final: deputy minister
The RM6.2 billion price tag that the government has offered to take over four toll highway concessions in the Klang Valley is not final, Deputy Finance Minister  Amiruddin Hamzah said.
CarSifu:
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No Cabinet decision yet on takeover date of Gamuda highways, says PM
PUTRAJAYA: The Cabinet has not decided on the date for the takeover of Gamuda Bhd’s four urban highways, says the Prime Minister.
theSun:
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Mahathir confirms highway acquisitions postponed (Updated)
PUTRAJAYA: The government has put on hold its plan to acquire four tolled highways in the Klang Valley as it needs to reconsider its capability to finance the takeover.
The Edge Markets:
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RM6.2b price tag for takeover of four highways not final — deputy minister
KUALA LUMPUR (Aug 1): The RM6.2 billion price tag that the government has offered to take over four toll highway concessions in the Klang Valley is not final, Deputy Finance Minister Datuk Ir Amiruddi...
Free Malaysia Today:
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RM6.2 billion price tag for highway takeover not final, says deputy minister
KUALA LUMPUR: Deputy Finance Minister Amiruddin Hamzah says the RM6.2 billion price tag for the takeover of four highway toll concessionaires in the Klang Valley is not final.
The Edge Markets:
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No pause or review of government's highway takeover bid
KUALA LUMPUR (July 31): There is no review of the government's proposal to take over four Klang Valley highways, a source familiar with the matter said today.
Malay Mail:
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I told you so, Najib crows after highway takeover bids said to be under review
KUALA LUMPUR, July 31 — Datuk Seri Najib Razak held up a news report asserting that the government was reviewing the Finance Ministry proposal to buy out four highway concessions for RM6.2 billion a...
Malaysiakini:
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Report: Lim's highway buyout plan 'on hold'
A Finance Ministry proposal to acquire four highways in the Klang Valley was "on hold pending a full review", according to an unnamed minister cited by Straits Times.
The Edge Markets:
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Big is beautiful in Malaysian stocks as foreign funds return
SINGAPORE (July 31): Bigger is better in battered Malaysian equities as investors expect larger stocks to outperform smaller ones in the second half of this year.
The Edge Markets:
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KLCI falls 0.34% in line with regional markets, banks drag
KUALA LUMPUR (July 29): The FBM KLCI fell 0.34% at the midday break, tracking the slide at regional markets, dragged by losses at blue chips including key banking stocks.
The Edge Markets:
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Muted start for KLCI as select blue chips weigh
KUALA LUMPUR (July 23): The FBM KLCI got off to a mute start this morning, despite the advance at most regional markets, weighed by select blue chips.
The Star:
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Penang's first island project seen to create RM4b worth of jobs
GEORGE TOWN: The first of the three islands planned under the Penang South Reclamation (PSR) project is expected to create RM4bil worth of new construction jobs for the industry.
Free Malaysia Today:
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Where’s traffic impact study for highway takeover, says expert
PETALING JAYA: A transport expert has urged the government to publish the traffic impact assessment study for a proposed takeover of four toll highways.
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Gamuda Land, Maxis form partnership to deliver 5G for Gamuda Cove
KUALA LUMPUR (July 17): Gamuda Bhd’s property arm Gamuda Land, and Maxis have formed a strategic partnership to appoint the communications and digital services company to create Malaysia’s first M...
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Gamuda Land, Maxis form partnership to deliver 5G for Gamuda Cove
KUALA LUMPUR (July 16): Gamuda Bhd’s property arm Gamuda Land, and Maxis have formed a strategic partnership to appoint the communications and digital services company to create Malaysia’s first M...
Malay Mail:
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Gamuda Land, Maxis form partnership to deliver 5G for Gamuda Cove
KUALA LUMPUR, July 16 — Gamuda Bhd’s property arm, Gamuda Land and Maxis have formed a strategic partnership to appoint the communications and digital services company to create Malaysia’s first...
Free Malaysia Today:
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Anwar takes Penang fishermen’s complaints to Dr M
GEORGE TOWN: PKR president Anwar Ibrahim said he raised the issue of fishermen protesting against the three-islands reclamation project in Penang during a meeting with the prime minister today.
The Edge Markets:
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Cover Story: Who’s who in the toll highway concessionaires
THE recent RM6.2 billion privatisation deal involving four intra-city toll roads in the Klang Valley linked to Gamuda Bhd has turned the spotlight on the major highway concessionaires, especially thos...
theSun:
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Cabinet yet to decide on Gamuda
PUTRAJAYA: The Cabinet has yet to make its final decision on the takeover of Gamuda Bhd’s four tolled highways, said Prime Minister Tun Dr Mahathir Mohamad (pix).
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Mahathir : Cabinet yet to decide on takeover of Gamuda's four tolled highways
PUTRAJAYA (July 9): The Cabinet has yet to make its final decision on the takeover of Gamuda Bhd’s four tolled highways, said Prime Minister Tun Dr Mahathir Mohamad.
Star TV:
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Dr M: No decision yet by Cabinet on highway takeover
Prime Minister Tun Dr Mahathir Mohamad said the Cabinet has yet to make a final decision to acquire Gamuda Bhd's stake in four highway companies.The four highways in question are Kesas, LDP, Sprint an...
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Mahathir : Cabinet yet to decide on takeover of Gamuda's four tolled highways
PUTRAJAYA (July 9): The Cabinet has yet to make its final decision on the takeover of Gamuda Bhd’s four tolled highways, said Prime Minister Tun Dr Mahathir Mohamad.
The Star:
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Cabinet yet to decide on Gamuda
PUTRAJAYA: The Cabinet has yet to make its final decision on the takeover of Gamuda Bhd’s four tolled highways, said Prime Minister Tun Dr Mahathir Mohamad.
theSun:
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Cheaper congestion charges once concessions end: LGE
KUALA LUMPUR: The congestion charge, which is to be introduced next year on four tolled highways in the Klang Valley, is expected to get even cheaper once the concession agreements expire.
Free Malaysia Today:
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Now, Dr M says no decision on highway takeover from Gamuda
PUTRAJAYA: Dr Mahathir Mohamad today said the government has yet to decide on purchasing four highways from construction giant Gamuda Bhd.
The Star:
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Dr M: No decision yet by Cabinet on highway takeover
PUTRAJAYA: The Cabinet has yet to make a final decision to acquire Gamuda Bhd's stake in four highway companies, says Tun Dr Mahathir Mohamad.
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Gamuda’s major shareholders concerned about highway takeovers
GAMUDA Bhd’s substantial shareholders — those that own more than 5% of the issued shares of the construction and property development company — are concerned about the takeover offer from the Mi...
The Edge Markets:
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Five fallacies about the highway takeover offer
The proposed acquisition of four toll concessionaires will save billions of ringgit for taxpayers and highway users, while providing shareholders of the toll concessionaires a limited but reasonable r...
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KLCI dips 0.29% as Genting, Axiata drag in line with regional slip
KUALA LUMPUR (July 8): The FBM KLCI slipped in early trade this morning, tracking regional markets, dragged by losses including at Genting Bhd and Axiata Group Bhd.
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Toll highway buy-up: Ministry official says congestion charge paying for it
KUALA LUMPUR: The government would not need to fork out a single sen to pay for the acquisition of four highway concessionaires, as the RM6.2 billion purchase consideration will be entirely self-finan...
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Tony Pua: Govt need not pay a single sen to acquire toll concessionaires
KUALA LUMPUR (Bernama): The government would not need to fork out a single sen to pay for the acquisition of four highway concessionaires, as the RM6.2 billion purchase consideration will be entirely self-financed via the collection of proposed congestion fees, says political secretary to the Finance Minister, Tony Pua.
theSun:
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Govt need not pay a single sen to acquire toll concessionaires: Tony Pua
KUALA LUMPUR: The government would not need to fork out a single sen to pay for the acquisition of four highway concessionaires as the RM6.2 billion purchase consideration will be entirely self-financ...
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MMC accepts MoF’s offer to take over SMART
KUALA LUMPUR (July 6): MMC Corp Bhd has accepted the offer by the Ministry of Finance Inc (MoF Inc) to acquire the group’s 50% equity interest in Syarikat Mengurus Air Banjir & Terowong Sdn Bhd for ...
Malaysiakini:
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Proposed acquisition of toll concessionaires will save billions for tax-payers
MP Speaks | The proposed acquisition of four toll concessionaires will save billions of ringgit for tax-payers and highway users while providing the shareholders of the toll concessionaires a limited ...
The Edge Markets:
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GDB, London Biscuits, Seacera, MMC, Vizione, Milux, Daya Materials, Hengyuan...
KUALA LUMPUR (July 5): Based on corporate announcements and news flow today, stocks in focus on Monday (July 8) may include the following: GDB Holdings Bhd, London Biscuits Bhd, Seacera Group Bhd, MMC...
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MMC accepts MoF’s offer to take over SMART
KUALA LUMPUR (July 5): MMC Corp Bhd has accepted the offer by the Ministry of Finance Inc (MoF Inc) to acquire the group’s 50% equity interest in Syarikat Mengurus Air Banjir & Terowong Sdn Bhd for ...
The Star:
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MMC Corp accepts MOF Inc's offer to take over SMART tunnel
KUALA LUMPUR: MMC Corp Bhd has agreed to accept the RM184.5mil offer from the government to take over the SMART tunnel.
Free Malaysia Today:
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Penang CM confirms 3 islands project okayed by federal authorities
GEORGE TOWN: Penang Chief Minister Chow Kon Yeow today confirmed that the three islands reclamation project has been approved by the federal authorities.
The Edge Markets:
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KLCI falls 0.51% as Tenaga drags
KUALA LUMPUR (July 5): The FBM KLCI fell 0.51% at midday break today, dragged by losses including at Tenaga Nasional Bhd, as regional markets turned cautious.
The Edge Markets:
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KLCI extends loss as telcos, blue chips weigh
KUALA LUMPUR (July 5): The FBM KLCI extended its loss in early trade this morning, dragged by key index-linked telecommunications and blue chip stocks.
Malaysiakini:
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Kesas Holdings accepts govt's takeover offer
Lingkaran Trans Kota Holdings Bhd (Litrak) today announced that Kesas Holdings has fully accepted the government’s offer to acquire all of Kesas Sdn Bhd's securities.
Malay Mail:
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Kesas accepts Putrajaya’s highway buyout offer
KUALA LUMPUR, July 4 — Kesas Holdings Berhad has agreed to the government’s offer to take over its highway concessions.
CarSifu:
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Litrak, Sprint, Kesas accept govt offer
PETALING JAYA: Lingkaran Trans Kota Holdings Bhd (Litrak), Sistem Penyuraian Trafik KL Barat Sdn Bhd (Sprint) and Kesas Sdn Bhd are in favour of the government’s proposed takeover offer for their to...
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Litrak, Sprint, Kesas accept govt offer
PETALING JAYA: Lingkaran Trans Kota Holdings Bhd (Litrak), Sistem Penyuraian Trafik KL Barat Sdn Bhd (Sprint) and Kesas Sdn Bhd are in favour of the government’s proposed takeover offer for their toll concessionaires.
The Edge Markets:
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Litrak, Sprint Holdings agree to MOF Inc's takeover offer
KUALA LUMPUR (July 3): Lingkaran Trans Kota Holdings Bhd (Litrak) and Litrak’s associate company Sistem Penyuraian Trafik KL Barat Holdings Sdn Bhd (Sprint Holdings) have resolved to accept the Gove...
Malay Mail:
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Litrak, Sprint Holdings agree to MOF Inc’s takeover offer
KUALA LUMPUR, July 3 — Lingkaran Trans Kota Holdings Bhd (Litrak) and Litrak’s associate company Sistem Penyuraian Trafik KL Barat Holdings Sdn Bhd (Sprint Holdings) have resolved to accept the go...
Malaysiakini:
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Litrak, Sprint agrees to MoF Inc's takeover offer
Lingkaran Trans Kota Holdings Bhd (Litrak) and Litrak’s associate company Sistem Penyuraian Trafik KL Barat Holdings Sdn Bhd (Sprint Holdings) have resolved to accept the government's offer to take ...
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Litrak, Sprint agree to accept MoF Inc take over offer
KUALA LUMPUR (Bernama): Lingkaran Trans Kota Holdings Bhd (Litrak) and Litrak’s associate company Sistem Penyuraian Trafik KL Barat Holdings Sdn Bhd (Sprint Holdings) have resolved to accept the government's offer to take over Damansara-Puchong Expressway (LDP) and the Sprint highway.
Free Malaysia Today:
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Litrak, Sprint Holdings agree to MoF Inc’s takeover offer
KUALA LUMPUR: Lingkaran Trans Kota Holdings Bhd (Litrak) and Litrak’s associate company Sistem Penyuraian Trafik KL Barat Holdings Sdn Bhd (Sprint Holdings) have resolved to accept the government’...
theSun:
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Litrak, Sprint Holdings agree to MoF Inc’s takeover offer
KUALA LUMPUR: Lingkaran Trans Kota Holdings Bhd (Litrak) and Litrak’s associate company Sistem Penyuraian Trafik KL Barat Holdings Sdn Bhd (Sprint Holdings) have resolved to accept the government’...
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MoF Inc offers RM6.2 bil for four toll highways
PUTRAJAYA is offering to pay the shareholders of Gamuda Bhd and Lingkaran Trans Kota Holdings Bhd (Litrak Holdings) RM6.2 billion to take over four toll highways in the Klang Valley.
Free Malaysia Today:
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Maju puts in new bid to take over PLUS, says report
PETALING JAYA: Maju Holdings Sdn Bhd had put in a fresh proposal to take over PLUS Malaysia Bhd, The Edge reported.
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If there hasn't been change in govt, toll rates would've increased, says Ong Kian Ming
KUALA LUMPUR (June 28): Malaysian drivers would have to pay extra for toll, with an increase of almost up to 67%, if there had not been a change in government.
theSun:
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Ong: Toll rates will be significantly higher if govt does not take over highways
KUALA LUMPUR: Motorists in the city centre will have to pay up to RM2 more on tolls if the government does not go ahead with its plan to take over the four highway concessions under Gamuda Bhd in the ...
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If there hasn't been change in govt, toll rates would've increased, says Ong...
KUALA LUMPUR (June 28): Malaysian drivers would have to pay extra for toll, with an increase of almost up to 67%, if there had not been a change in government.
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Gamuda active, up 1.07% after saying yes to MoF’s RM6.2b takeover offer for highways
KUALA LUMPUR (June 28): Gamuda Bhd shares rose 1.07% in active trade this morning after the group said its board of directors is in favour of accepting the Federal Government's offer to take over all ...
Free Malaysia Today:
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Toll rates would have increased without takeover, says deputy minister
KUALA LUMPUR: A deputy minister today defended Putrajaya’s plan to acquire four highways, saying it would prevent an increase in toll rates at no cost to the government.
The Edge Markets:
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Gamuda active, up 1.07% after saying yes to MoF’s RM6.2b takeover offer for...
KUALA LUMPUR (June 28): Gamuda Bhd shares rose 1.07% in active trade this morning after the group said its board of directors is in favour of accepting the Federal Government's offer to take over all ...
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Affin Hwang maintains Hold on Gamuda, TP at RM4.08
KUALA LUMPUR: Gamuda Bhd's 9MFY19 net profit of RM521mil came in above expectations with higher-than-expected profit margins for its construction and property divisions.
The Star:
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Gamuda records earnings of RM176m in third quarter
PETALING JAYA: Gamuda Bhd’s net profit fell 14.6% to RM176mil in the third quarter ended April 30 from RM206.1mil in the corresponding quarter last year.
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Gamuda accepts govt offer to take over its toll concession companies
KUALA LUMPUR: Gamuda Bhd said its board of directors has voted today to accept the government's offer to acquire four highway concession companies linked to the group.
Malaysiakini:
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Gov't to decriminalise personal drug use, and 7 things that happened yesterday
KINI ROUNDUP | Here are key headlines you may have missed yesterday, in brief. 1.
Malaysiakini:
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Gamuda accepts MoF Inc offer to take over 4 toll concessionaires
Gamuda Bhd has accepted the proposed offer by the Minister of Finance (Incorporated) (MOF Inc) to purchase all of the group’s equity stake in four companies.
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Gamuda, Glomac, RHB, Sapura Energy, Berjaya, Icon Offshore, Eco World...
KUALA LUMPUR (June 27): Based on corporate announcements and news flow today, companies that will be in focus on Friday (June 28) may include: Gamuda Bhd, Glomac Bhd, RHB Bank Bhd, Sapura Energy Bhd, ...
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Gamuda's 3Q profit down 15% post-Splash sale
KUALA LUMPUR (June 27): Gamuda Bhd announced today that its net profit for its third quarter ended April 30, 2019 (3QFY19) fell 15% year-on-year as the group stopped recognising its share of profits f...
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