RHBInvest Research
Thursday, September 8, 2011
Top Story: Gamuda – What if MMC-Gamuda JV walks away from MRT tunnelling package? Outperform
Company Update
¨ The recent correction in Gamuda share price may be partially attributable to an increased risk being priced in by the market of MMC-Gamuda not winning the MRT tunnelling package, with the “mighty” Chinese contractors coming into the picture.
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