Gamuda Shares Dip Slightly Despite RM51.4 Million Job Win, Eyes RM4 Billion Upside

Quick Summary:

Shares of Gamuda Bhd edged down by 0.25% to RM4.05 as at 3:06pm, despite recent positive developments including a new subcontract win and potential major contract upside.

Trading on moderate volume of 109.3 million shares, the counter opened at RM4.06, reached a high of RM4.13, and touched a low of RM4.03.

The subcontract, labelled “Electrical Package 3:3”, adds to Gamuda’s momentum in the data infrastructure space.

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Article Details

Author / Journalist: Shahrizal

Category: InvestingBusiness

Markets: Malaysia

Topics: Markets Gamuda

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-04-29 @ 07:30:04 (18 hours ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

Article Length: 282 words

Reading Time: 2 minutes read

Sentences: 15 lines

Sentence Length: 19 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Business Today

News ID: 28282814

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