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The federal government has finally approved the Penang LRT project and awarded GAMUDA’s 60%-owned SRS Consortium the Segment 1 civil work of the project. Kenanga Investment Bank (Kenanga), in its Company Update today (Apr 1), said they estimate GAMUDA’s share of civil work to be worth RM4.6b to RM5.0b, which is still within Kennaga’s FY24 […]