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$GAMUDA (5398.MY)$

$GAMUDA (5398.MY)$ The 75 London Wall redevelopment project is a major development project carried out by Gamuda in collaboration with Castleforge in the United Kingdom, with a total investment of 0.12 billion British Pounds (approximately 0.146 billion US dollars). Below are the detailed information of the project:
Project Background: The 75 London Wall project is located in the heart of London, United Kingdom, formerly known as Winchester House, which was the British headquarters of Deutsche Bank. Gamuda and Castleforge acquired this building in February 2023 in a joint venture ratio of 75:25.
Planning and Approval: The project received full planning permission in June 2024, with an approved increase in building capacity by 40%. The project is expected to be completed in September 2027.
Building Scale: The rebuilt 75 London Wall will be a 14-storey building, with a total floor area of 688,000 square feet (approximately 64,000 square meters), including a rentable office space of 465,822 square feet (approximately 43,000 square meters).
Sustainability Goals: The project aims to achieve three main sustainability ratings: BREEAM 'Outstanding', WELL Core 'Platinum', and NABERS UK 5 Star Design. This means the building will meet high environmental and human health standards1.
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$LWSABAH (5328.MY)$ Is the PE ratio a bit high? 🫠

$LWSABAH (5328.MY)$ Today, the institution should start testing breaking through the support level.