Gamuda likely to become index component stock

KUALA LUMPUR: Gamuda Bhd is expected to be added to the FBM KLCI in the upcoming semi-annual review of the benchmark index, which is set for Dec 23. “After two years (five consecutive semi-annual reviews) in the FBM KLCI reserve list, it seems likely for Gamuda to be elevated into the barometer index,” MIDF Research said in a...

Transport Ministry finalising Penang LRT details with SRS Consortium

Gamuda’s excellent credentials make its subsidiary SRS Consortium an ideal choice for project delivery partner THE Transport Ministry is finalising the details of Penang’s light rail transit (LRT) project with the Penang Transport Master Plan's project delivery partner (PDP) SRS Consortium. Once the overall implementation model is finalised, contractors are expected to be appointed by year-end, Transport...