Before making this announcement, Gamuda Berhad was earning enough to cover the dividend, but it wasn't generating any free cash flows. Since a dividend means the company is paying out cash to ...

Gamuda said the project, which also involved constructing two ... BERNAMA will be carrying out the Uninterruptible Power Supply (UPS) maintenance work at its Data Centre at Wisma BERNAMA from 1 am to ...

PETALING JAYA: MIDF Research says Gamuda Bhd remains its top pick for the construction sector, backed by strong overseas expansion plans, especially in Australia, and its consistency in clinching ...

PETALING JAYA: Gamuda Bhd is optimistic on its performance outlook, underpinned by its construction order book of close to RM21bil. This is inclusive of the A$2bil (RM5.93bil) boost from the ...

I write about Asia's richest, fast-growing businesses, and startups. Gamuda, the Malaysian infrastructure company cofounded by tycoon Lin Yun Ling, will participate in a A$1.6 billion ($1.07 ...

Gamuda Bhd’s shares fell as much as 4.3% today following an embankment collapse at its construction site at the Sungai Rasau Water Supply Scheme project in Puchong, Selangor, last Saturday. The ...

I write about Asia's richest, fast-growing businesses, and startups. Gamuda—the Malaysian construction company cofounded by tycoon Lin Yun Ling—and two Taiwanese companies won a 4.3 billion ...

KUALA LUMPUR, Jan 3 (Bernama) -- Gamuda Bhd’s wholly-owned subsidiary, Gamuda Land (Botanic) Sdn Bhd, has acquired eight parcels of freehold land measuring about 215.3 hectares in Bandar Kundang, ...

Malaysian construction firm Gamuda Bhd., whose stock price more than doubled last year, said its unit won an 8.3 billion ringgit ($1.8 billion) design and build contract for a railway project in ...

Malaysian infrastructure firm Gamuda Bhd. won a data-center contract worth over 1 billion ringgit ($237 million) from Google’s Malaysian affiliate, according to company filings. Gamuda said it ...

Prior to this announcement, Gamuda Berhad was quite comfortably covering its dividend with earnings and it was paying more than 75% of its free cash flow to shareholders. The business is earning ...