CLICK TO ENLARGEPETALING JAYA: The proposal to dispose of Gamuda Bhd’s four urban highway assets to a non-profit private company – Amanat Lebuhraya Rakyat Bhd( ALR) – for RM5. 5bil is an opportunity for the former to unlock value, while its shareholders could be rewarded by a special dividend distribution. Based on Gamuda’s respective stakes in the four highways, it will be receiving a total of RM2. 3bil in proceeds from this sale, with RM1bil recognised as one-off gains. According to research f
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2022-04-06 00:00:00.0