Explanation of the corporate events: User Manual
Corporate Updates - Bursa Malaysia
2025-10-16
Category: Corporate Updates
Frequency: Daily
Daily compilation of corporate updates and activities on Bursa Malaysia listed companies.
| Date | Company | Event Details | Sector | Event Summary |
|---|---|---|---|---|
| 29 Sep, 2025 | Gamuda Bhd | Gamuda Bhd’s Singapore unit will lead a consortium that won a S$1.012 billion (RM3.31 billion) tender for a mixed-use project at Chencharu Close, Yishun. The 7.3-acre, 99-year leasehold site will house up to 875 homes, 12,600 sq m of commercial space, plus a bus interchange and hawker centre, with completion targeted in 84 months. | CONSTRUCTION | Operation Updates |
| 11 Sep, 2025 | Gamuda Bhd | Gamuda Bhd said a consortium comprising its Singapore subsidiary, Evia MCS Pte Ltd and H108 Pte Ltd has submitted the highest bid of S$1.01 billion (about RM3.33 billion) for a mixed-use commercial and residential site in Singapore. The Housing and Development Board announced the provisional tender result after the tender closed on September 11, 2025. Gamuda will make a further announcement once it receives the letter of acceptance. | CONSTRUCTION | Operation Updates |
| 9 Sep, 2025 | Econpile Holdings Bhd | Econpile Holdings was awarded a RM53.99 million subcontract by Gamuda’s unit for the LRT Mutiara Line project in Penang, covering bored piling and related works for the Komtar–East Jelutong stretch, with work starting October 1, 2025 and targeted for completion by April 30, 2027. | CONSTRUCTION | Contract Awarded |
| 9 Sep, 2025 | Gamuda Bhd | Gamuda Bhd and Samsung C&T, via their TasVic Greenlink joint venture, were selected as preferred contractor for the final Stage 1 package of the Marinus Link, an undersea and underground interconnector between Tasmania and Victoria, with negotiations ongoing on a contract covering converter stations at Heybridge and Hazelwood and 90km of land cable works across Gippsland. | CONSTRUCTION | Contract Awarded |
| 5 Sep, 2025 | Gamuda Bhd | Gamuda Bhd is partnering with Taylor’s Education Group to redevelop a prime site in SS15, Subang Jaya into serviced apartments, purpose-built student accommodation and retail spaces, with the RM500 million project targeted for completion in November 2029. | CONSTRUCTION | Operation Updates |
| 29 Aug, 2025 | Gamuda Bhd | Gamuda Bhd’s engineering arm has won a RM2.14 billion contract from Eco World’s unit Quantum Alpha to build hyperscale data centres at Eco Business Park V in Selangor. The project will start in 3Q2025 and is slated for completion by 3Q2027. The scope covers the main structures of two data centre blocks, along with a power substation, water reservoir, and supporting infrastructure and facilities. | CONSTRUCTION | Contract Awarded |
| 26 Aug, 2025 | Gamuda Bhd | Gamuda Bhd and Naim Holdings’ JV, Naim Gamuda (NAGA) JV Sdn Bhd, has secured a RM1.13 billion contract from the Regional Corridor Development Authority to build a 14.7km four-lane dual carriageway in Limbang, Sarawak. The project, which includes bridges, a flyover, earthworks and associated works, will be completed over four years, with the JV owned 30% by Gamuda and 70% by Naim. | CONSTRUCTION | Contract Awarded |
| 26 Aug, 2025 | Gamuda Bhd | Gamuda Bhd has entered into a strategic partnership with Gentari, the green energy arm of Petronas, to jointly develop 1.5GW of solar and battery storage projects in Malaysia. The venture, led by Gentari Renewables and Gamuda Energy, will build solar PV plants with integrated storage under the Corporate Renewable Energy Supply Scheme, targeting rising demand from hyperscale data centres. | CONSTRUCTION | Business Venture |
| 20 Aug, 2025 | SD Guthrie Bhd | SD Guthrie Bhd and Gamuda Bhd have teamed up to develop up to 1.2GW of solar energy assets, including storage systems, by leveraging SD Guthrie’s under-utilised land nationwide. In the first phase, both companies will identify suitable sites for development, with plans to own and operate the assets. The partnership targets growing demand from industrial users and data centres seeking renewable energy to meet sustainability goals. SD Guthrie, already building a 15MW solar plant in Kedah under the Corporate Green Power Programme, views renewable energy as a new growth pillar to boost land value and generate recurring income. | PLANTATION | Business Venture |
| 16 Jul, 2025 | Gamuda Bhd | Gamuda Bhd and Perbadanan Kemajuan Negeri Perak (PKNPk) have been appointed to develop and operate water treatment and distribution facilities in Kerian, Northern Perak, under the RM5 billion Northern Perak Water Supply Scheme. The joint venture will run the project for at least 40 years, supplying water to the Kerian Integrated Green Industrial Park and selling excess to Penang. The scheme, targeted for completion by 2030, will channel 1,500 MLD from Sungai Perak to Bukit Merah Dam to meet irrigation, domestic and industrial demand. A privatisation agreement is expected within 90 days, with approvals pending from regulators. | CONSTRUCTION | Contract Awarded |
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