Gamuda rises in early trade on RM1.8bil Australian contract win

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KUALA LUMPUR: Investors reacted positively to Gamuda Bhd’s latest RM1.8bil contract win in Australia.

Gamuda rises in early trade on RM1.

This is also the second job bagged for DT Infrastructure in FY25.“Although the pre-tax margin of 4%−5% is lower than Malaysian’s 10%, we are comfortable given its relatively low-risk profile.

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Category: EconomyBusiness

Markets: MalaysiaAustraliaSingapore

Topics: Solar farm Stock on the Move /Business/Business News Gamuda

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-12-17 @ 09:37:00 (9 hours ago)

News Timezone: GMT +8:00

News Source URL: thestar.com.my

Language: English

Article Length: 505 words

Reading Time: 3 minutes read

Sentences: 17 lines

Sentence Length: 30 words per sentence (average)

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Copyright Owner: © The Star

News ID: 24481642

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Main Topics: EconomyBusiness

Official Website: thestar.com.my

Update Frequency: 49 posts per day

Year Established: 1971

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News Last Updated: 24 minutes ago

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