Gamuda’s Trifactor Advantage In Data Centre Play

Quick Summary:

Gamuda Bhd, a key player in the Malaysian construction sector, has received positive analyst feedback following its recent land sale and enabling works contract developments.

MIDF Amanah Investment Bank Bhd (MIDF Research) and CIMB Investment Bank Bhd (CIMB Securities) both maintain a BUY call on the company, with target prices of RM5.42 and RM5.

The HLIB team also notes that the deal is in line with their expectations and strengthens their conviction in Gamuda’s position in the data centre construction market.

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Article Details

Category: EconomyBusiness

Markets: Malaysia

Topics: Gamuda News Property

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-05-06 @ 04:37:29 (14 hours ago)

News Timezone: GMT +8:00

News Source URL: businesstoday.com.my

Language: English

Article Length: 573 words

Reading Time: 4 minutes read

Sentences: 25 lines

Sentence Length: 23 words per sentence (average)

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Copyright Owner: © Business Today

News ID: 28429181

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