FINWIRES · TerminalLIVE
FINWIRES

Gamuda Unit Bags Nearly MYR6 Billion Project from Sabah State Water Department

By

-- Gamuda (KLSE:GAMUDA) unit Upper Padas Power received a Letter of Acceptance worth 5.98 billion ringgit from the Sabah State Water Department for Phase 1 of the Skim Bekalan Air Ulu Padas.

The project forms a bolt-on development linked to the Ulu Padas Hydroelectric Project and is designed to strengthen water supply for Sabah's west coast, according to a Wednesday Malaysian bourse filing.

Phase 1 involves the construction of a 350 million litres per day water treatment plant in Beaufort, along with about 200km of pipelines stretching from Sipitang to Kota Kinabalu.

The project marks a key infrastructure expansion alongside its hydroelectric development in Sabah, Malaysia, the company said.

Related Articles

Asia

Willfar Information Technology's Q1 2026 Profit Rises 6%

Willfar Information Technology (SHA:688100), a 59.55%-owned subsidiary of Wasion Holdings (HKG:3393), reported 148.3 million yuan in attributable profit for the first quarter of 2026, up 6.4% from 139.4 million yuan a year earlier, according to a Hong Kong bourse filing Wednesday.Revenue fell 4.2% year on year to 531.9 million yuan, figures showed.

$HKG:3393$SHA:688100
Asia

Zhongjin Gold's 2025 Profit Jumps 46%

Zhongjin Gold's (SHA:600489) attributable profit rose 46% to 4.93 billion yuan in 2025 from 3.39 billion yuan in 2024, according to a Wednesday filing with the Shanghai bourse.Earnings per share at the non-ferrous metals miner increased to 1.02 yuan from 0.70 yuan in the previous year.Operating revenue grew 21% year over year to 79.1 billion yuan from 65.6 billion yuan.

$SHA:600489
Asia

Jinduicheng Molybdenum's Q1 Profit Jumps 33%, Revenue Rises 27%

Jinduicheng Molybdenum's (SHA:601958) net profit attributable to shareholders in the first quarter jumped 33% year on year to 901.6 million yuan, or 0.279 yuan per share, according to a Wednesday disclosure on Shanghai filing.The attributable profit a year earlier was almost 678 million yuan, or 0.210 yuan per share.Operating revenue rose 27% to 4.16 billion yuan from 3.28 billion yuan in the previous year.The Chinese molybdenum miner's shares jumped less than 7% at the close.

$SHA:601958