KLSE (MYR): GAMUDA (5398)
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hng33
19,991 posts
Posted by hng33 > 2016-03-18 15:10 | Report Abuse
Gamuda-MMC alrdy awarded as Project deliver partner (PDP) for entire MRT line 2, and entitle to management fee of 6% on whole project value, estimate RM 30-32 billion.
Gamuda itself is also bidding underground tunnel portion under MRT line 2, estimate worth RM 14-16 billion, double value if compared to previous gamuda secure in MRT line 1 worth RM 8 billion.
Therefore, Gmauda have dual benefit.....being PDP for for whole project MRT 2 to earn 6% management fee + direct project in underground tunnel portion.
The sooner the award of porject in MRT2, the faster Gamuda can earn 6% management fee