Gamuda shares rise 11%


Minister of Economic Affairs Datuk Seri Mohamed Azmin Ali at the closing of China Conference in KL Hilton.

PETALING JAYA: Shares in Gamuda Bhd and MMC Corp Bhd rose after it was announced that the Cabinet had set up a committee to review the underground contract that was awarded to MMC-Gamuda for the mass rapid transit 2 (MRT2) project.

At 5pm yesterday, Gamuda saw its share price increasing by more than 11% to close at RM2.30, while MMC Corp increased one sen to RM1.13.

Subscribe or renew your subscriptions to win prizes worth up to RM68,000!

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.

Business , Gamuda , cabinet , MRT

   

Next In Business News

Hong Leong Industries records RM140.56mil in 1Q, declares 25 sen interim dividend
Deleum to focus on broadening its product lines
Infomina wins RM27mil purchase order contract
Radium unit acquires 5.26-ha land in Cheras for RM458mil
Solarvest remains optimistic on local RE industry
KPJ Healthcare’s 3Q24 revenue hits RM1bil
Haily wins RM115mil construction contract
Hyundai to invest RM2.16bil to set up a plant in Kulim
KLCC Stapled Group's net profit rises to RM206.53mil in 3Q
Key Asic signs RM10mil ASIC design contract

Others Also Read