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Gamuda Hits Record High: Analysts Optimistic About Malaysia's Construction Sector
Gamuda announced the securing of an AUD 1.6 billion (MYR 5 billion) contract on Thursday. The stock price has risen by more than 80% since the beginning of the year. Analysts are optimistic about Gamuda's performance and predict that the prospects of Malaysia's construction industry will further improve in the second half of 2024.
Varia US Properties Sets Carbon Emission Reduction Goals by 2030
Varia US Properties (VARN.SW) said Tuesday it developed and adopted a science-based target for its portfolio, with a target to cut carbon emissions by 63.3% by 2030. The Swiss real estate investor pla
Varia US Properties' Q1 Loss Narrows; Rental Income Down
Varia US Properties (VARN.SW) said Tuesday its loss for the first quarter fell while rental income decreased year over year. Loss for the three months ended March 31 was $7 million, compared with $34
Strong Spillover Effects in 2Q from Mega Infrastructure Projects
The positive outlook and overweight ratings on the construction sector following the rollout of infrastructure projects nationwide continued to lift market sentiment.
Varia US Properties Swings to Loss in FY23; Rental Income Down
Varia US Properties (VARN.SW) on Thursday reported a loss for the full year 2023, while rental income decreased year over year. Loss for the 12 months ended Dec. 31, 2023, was $139 million, compared w
Varia, Sungai Klang Link Collaborate for Proposed Sungai Klang Link Elevated Highway
Varia (KLSE:VARIA) inked a memorandum of understanding with Sungai Klang Link for the proposed Sungai Klang Link Elevated Highway project, according to a Friday Malaysian bourse disclosure. Under the
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Mat Thanos : Gogogo Energy
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