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@TC Kee.. Its Gamuda. Pioneer in Construction in Malaysia & now has expanded to Taiwan, Vietnam, Singapore and venturing to Australia. Good business model & Risk management. Thumbs Up. Slow But with lots of weight.
@OGN.. Yes I agree. They are not only smart. They are bold and they believe in local talents. They deserve our support. Glad to know you are onboard with us.
Building materials increase can claim back to Main con or client, or the contract term will include provision to allow adjustment for changes in cost.
only the end user always suffer the price increase.
Contract that signed can revise? Lol… gamuda to absorb the cost la.. besides, mega projects normally will not have good unit pricing and man hours count.. foreign workers and material increase.. good luck
Contract got Lump sum or remeasurement. You totally don't know how Gamuda got best contract team and talents. The tunnel job is world class.
If you got any insider friend work in Gamuda you may know it.
Finally got the announcement for Aus projects. This tunnel job is good money. My company got deal with this Aus main con. stay tune. not just only one project. haha.
Agree with Bursaman usually mega projects margin so so but if the management is good in control cost. They will save a lots, so they choose the JV with local Aus maincon is good. John Holland (CCC) and Laing O'Rourke !
Today volume very big. At last hour the block cannot be break. From my perspective it will have some adjustment by tomorrow. But good news is it has a new breakthrough, in which i see now it is like an uptrend
Yes, perhaps you can see the news is mainly published afternoon, it didn't go up anymore. The morning session collect for afternoon to dispose when news out