Gamuda is an infrastructure company with a long history. It was co-founded by Lin Yunlin and Mr. Guan Youyuan. Since its establishment in 1976, it has been a major foundation for Malaysia's construction projects, such as the North-South Boulevard, the MRT/LRT rapid transit system, the Smart Tunnel, LDP Boulevard, and the upcoming Penang Island Reclamation Project (PSI)
Its business development covers 9 countries, including Malaysia, Singapore, Vietnam, the United Kingdom, Australia, Taiwan, India, Panama, and Qatar
Since the change of government in 2018, many large-scale projects have been suspended or even cancelled, such as the East Rail, Malaysia City, MRT3, and Longxin High Speed Rail. At one point, tens of billions of dollars of development value have evaporated, and the Malaysian infrastructure sector has entered a cold winter period. However, a good development foundation enabled Gamuda to quickly break out of the slump, such as actively bidding for foreign infrastructure orders, expanding real estate projects, and reducing dependence on government projects
Many contracts have been obtained in the past few years. As of the latest record, the value of orders held is as high as RM25.1 billion, which is enough to contribute at least 3 years of revenue
Very healthy asset capacity and shareholder return, making well-known local institutions such as PNB, EPF, KWP, and Lembaga Tabung Haji significant shareholders over the years
Recently, it successfully sold 4 roads and allocated 1.47 billion yuan to acquire land in Ho Chi Minh City to build a comprehensive development project, plus the Australian infrastructure project just obtained
The money situation in the next few years is very optimistic, and this is also for...