KUALA LUMPUR: Gadang Holdings Bhd’s wholly-owned subsidiary, Gadang Engineering (M) Sdn Bhd, has accepted a RM95.14mil contract for earthworks under the proposed widening of the Kuala Lumpur–Karak Highway. In a filing with Bursa Malaysia, the group said the letter of…

PETALING JAYA: Gadang Holdings Bhd is proposing to acquire a parcel of freehold land measuring 11.179 acres in Johor Baru, Johor, from Tanahmas Kapital Sdn Bhd for RM75.48mil. In a filing with Bursa Malaysia, the construction firm said the proposed…

PETALING JAYA: Gadang Holdings Bhd’s engineering, procurement, construction and commissioning (EPCC) new contract win is expected to boost the group’s current outstanding order book to about RM903.5mil, says TA Research. This is after factoring in an assumed RM80mil order book…

PETALING JAYA: Gadang Holdings Bhd has accepted a letter of acceptance from its indirect 60%-owned subsidiary, Tenaga Aspirasi Sdn Bhd, to undertake the engineering, procurement, construction and commissioning (EPCC) of a 15 MWa.c. large-scale solar photovoltaic (LSSPV) power plant project…

PETALING JAYA: Gadang Holdings Bhd’s near-term priority should be to reinforce cost optimisation efforts and enhance profit margins, analysts say. To support a more sustainable earnings trajectory, a disciplined cost management strategy must be implemented in tandem with active participation…

PETALING JAYA: TA Research has slashed its earnings forecasts for Gadang Holdings Bhd amid lower expectation of new contract wins. In a note, the research house reduced the earnings estimates for the financial year 2025 (FY25) by 1.6%, followed by…

KUALA LUMPUR: Gadang Holdings Bhd’s wholly owned subsidiary, Gadang Engineering (M) Sdn Bhd, has secured a RM92.5mil contract to widen the Kuala Lumpur-Karak Highway. In a filing with Bursa Malaysia, Gadang said it had accepted a letter of award from…

PETALING JAYA: Gadang Holdings Bhd’s property division is expected to remain a key contributor, driven by attractive sales incentives and an aggressive pricing strategy. According to TA Research, the group’s construction order book stood at RM1bil as of end-November 2024,…

KUALA LUMPUR (Oct 11): Gadang Holdings Bhd (KL:GADANG) is disposing of a leasehold land in Damansara Perdana for RM65 million to partially finance its existing construction projects and repay borrowings. “The key rationale for the proposed disposal is to strengthen…