GDB Holdings Bhd’s unit has bagged an RM135 million contract from TRC Synergy Bhd’s unit for a mixed development in Ara Damansara.
GDB Holdings said its unit Grand Dynamic Builders Sdn Bhd will act as the principal works contractor for architectural, civil and structural works, as well as mechanical and electrical works.
The development entails the building of two 18-storey serviced apartments, comprising 648 residential units, on an eight-storey podium with seven-storey car park and one-storey related facility on top of the podium.
The contract will commence on April 16 and is scheduled to be completed by Oct 15, 2021.
The 625 mil is the capital or total share base? GDB market cap is 625mil x 28sen= 175mil. So, a 135mil project is still significant relative to a market cap of 175mil....say negative thing normally means either you haven't buy or only bought a little....hoping it to go down so that you can buy....even the the fools know that...so, don't kid around....
cytew - Listed year ago , 2nd day already below IPO , but i received twice dividend . Project on hand : SPB - good pay master . hupseng - also cash rich client . now day construction sector really need cash master .
This book is the result of the author's many years of experience and observation throughout his 26 years in the stockbroking industry. It was written for general public to learn to invest based on facts and not on fantasies or hearsay....
hornbill
822 posts
Posted by hornbill > 2019-03-13 16:53 | Report Abuse
win new project...