{
  "id": 14594961,
  "title": "Gamuda's FY27 contract wins could exceed RM30bil",
  "url": "https://urgent.news/2026/10/15/gamudas-fy27-contract-wins-could-exceed-rm30bil",
  "topic": "culture",
  "section": "Culture",
  "published": "2026-10-15T02:53:20.000Z",
  "source": {
    "name": "New Straits Times",
    "slug": "new-straits-times",
    "url": "https://www.nst.com.my/business/corporate/2026/10/1555909/gamudas-fy27-contract-wins-could-exceed-rm30bil"
  },
  "original_language": "en",
  "account": null,
  "summary": "Gamuda Bhd is on track to exceed RM30 billion in contract wins for the financial year 2027 (FY27), having already secured around RM15.2 billion in wins as of the first half of the year. This growth has been fueled by a recent RM3.7 billion rail contract in Taiwan, awarded to the company through a joint venture with MiTAC Information Technology Corp. The contract involves the design and construction of systems and trackworks for the Keelung Mass Rapid Transit (MRT) project, which is expected to generate a profit-before-tax margin of about eight per cent for Gamuda. HLIB Research maintains a Buy recommendation on Gamuda, with an unchanged target price of RM5.75, citing the company's growing presence in Australia's renewable energy sector, strong order book replenishment, and exposure to Vietnam's property market as key investment attractions.",
  "key_points": [],
  "editors_take": null,
  "illustration": null,
  "coverage": {
    "outlets": 1,
    "also_reported_by": []
  },
  "ai_generated": true,
  "disclaimer": "Summaries, key points and the editor’s take are written by software from other outlets’ reporting and may contain errors — always check the linked original."
}