Gamuda eyes RM6 billion-RM8 billion order book replenishment per annum for next two years


SHAH ALAM: Gamuda Bhd is targeting to replenish its construction order book by RM6 billion-RM8 billion a year over the next two years.

Gamuda group managing director Datuk Lin Yun Ling said it has a current order book of RM8 billion that can last the group for three years.

Meanwhile it is also targeting property sales of RM3.5 billion for the financial year ending July 31, 2018 (FY18), said Lin at a press conference after the group’s AGM here today.

Its property division achieved record sales of RM2.4 billion in FY17.

At 12.30pm, Gamuda’s share price fell 3 sen or 0.6% to RM4.67 on some 669,700 shares done.

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