Gamuda’s wholly-owned sub-subsidiary in Vietnam, Gamuda Land HCMC Joint Stock Co, has acquired 13.8 acres of land in Binh Duong New City for US$53.88mil (RM228.5mil).
KUALA LUMPUR: Following Gamuda Bhd
’s land acquisition in Vietnam, brokerage firms expect a stronger recovery in its earnings and revenue from the financial year ending July 31 (FY22) onwards.
Gamuda’s wholly-owned sub-subsidiary in Vietnam, Gamuda Land HCMC Joint Stock Co, has acquired 13.8 acres of land in Binh Duong New City for US$53.88mil (RM228.5mil).
Already a subscriber? Log in.
Subscribe now and receive FREE sooka plan for 1 month.
T&C applies.
Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
