(29579-T)

Major Corporate Milestones

2013
May 2013: The Prime Minister of Malaysia Dato’ Sri Mohd Najib bin Tun Abdul Razak launched the fully-assembled Variable Density Tunnel Boring Machine (VD TBM) at the Cochrane Launch Shaft, heralding the start of tunnelling works for the Klang Valley Mass Rapid Transit (Sungai Buloh – Kajang Line) (KVMRT, SBK Line).
February 2013: MMC Gamuda KVMRT (T) Sdn Bhd signed the RM8.28 billion underground works contract for the KVMRT, SBK Line. MRT Corp CEO Dato’ Azhar Abdul Hamid (centre) signed the contract on behalf of MRT Corporation Sdn Bhd, while MMC Gamuda KVMRT (T) Sdn Bhd was represented by Gamuda Berhad Deputy Group Managing Director Dato’ Ha Tiing Tai (right) and MMC Group Managing Director Datuk Hj. Hasni Harun (left).
March 2013: The first of four units of the one-of-its-kind in the world Variable Density Tunnel Boring Machine (VD TBM) was assembled at the Cochrane Launch Shaft in Kuala Lumpur. The world-class mechanised tunnelling technology innovation was a result of partnership and co-development between the world’s biggest TBM manufacturer Herrenknecht A.G. in Germany and Malaysian consortium MMC-Gamuda Joint Venture.
2012
November 2012: Gamuda Berhad won the Malaysia’s 100 Leading Graduate Employer 2012 Award for the Property and Construction Sector. Gamuda was ranked as the leading graduate employer in the property and construction sector in a survey where 12,000 students and graduates from local and foreign universities worldwide were asked about their expectations and views of potential employers in Malaysia.
March 2012: MMC Gamuda KVMRT (T) Sdn Bhd was awarded the 9.5km underground tunnelling contract for the MRT, Mass Rapid Transit (Sungai Buloh-Kajang Line) by MRT Corporation worth RM8.2 billion.
2011
July 2011: The MRT, Mass Rapid Transit project was officially launched by Malaysian Prime Minister, Dato’ Seri Najib Tun Razak at the Kuala Lumpur Convention Centre. Actual civil works for the project was expected to commence in November 2011.
January 2011: MMC-Gamuda Joint Venture received the official letter of award to inform that we were appointed as the Project Delivery Partner (PDP) for the development of the MRT, Mass Rapid Transit. As the PDP, MMC-Gamuda Joint Venture will assume responsibility for the delivery of the project within target cost and completion dates, as well as dividing works packages, calling for tenders on behalf of the Government, evaluating bids, selecting works package contractors and awarding contracts to works contractors on behalf of the Government.
2010
December 2010: Malaysian Government approved the Klang Valley Mass Transit (KVMRT) project that was proposed by us. Set to be the largest public transport system project in Malaysia, it will be largely operational in 2020 and fully operational in 2030.
March 2010: Acquired a 60% stake in Sai Gon Thuong Tin Tan Thang to develop Celadon City in Ho Chi Minh City, Vietnam. The 85ha master plan will feature a balanced mix of urban developments featuring medium-end and premium residential apartments, a sports complex and an education complex. Celadon City will also bring affordable luxurious living to the property market with its prime location and accessibility of being situated 9km from the Saigon city centre and 5km from Tan Son Nhat International Airport. Part of the development features a 15ha fully landscaped park with facilities designed to promote communal living.
2008
July 2008: Officially began construction of the US$233 million modern sewerage plant in Vietnam for the Yen So Park project. The project will transform Yen So Park into a clean and modern park consisting of mixed development of recreational, educational, cultural, and commercial area, with an integrated commercial centre that includes hotels, shopping complexes, office buildings, retail and convention facilities.
January 8: MMC-Gamuda Joint Venture receives possession of the site and begins work on the Electrified Double Track Project, Ipoh to Padang Besar. The RM12.485 billion project involves the realignment and construction of electrified double rail tracks that span 329km across four northern states of Perak, Penang, Kedah, and Perlis in Peninsula Malaysia.
2007

August 2007: Won the approval to develop the 800-acre Yen So Park in Hanoi, Vietnam. The project entails developing Vietnam’s largest modern sewage treatment plant, a world-class urban park, an integrated township and a premier business district.

This RM8 billion project is Gamuda first property foray into the international market. Yen So Park is a testament of Gamuda’s finest township development and infrastructure expertise in a single project.

Attained a 2-acre site at Jalan Madge, which is in the heart of Kuala Lumpur city and adjacent to the prestigious embassy row. Madge Mansions features 52 freehold high-end luxury condominiums.
2006
December 2006: Signed a tariff agreement with Thailand’s EGAT for Nam Theun 1 Hydropower Project. Gamuda is the lead project sponsor of the US$700 million hydropower project in Laos. We inked an agreement with Electricity Generating Authority of Thailand (EGAT) on the future purchase of hydroelectric power. Gamuda is the sole EPC contractor for the project.
July 2006: Acquired 366 acres of freehold land for its fourth township development – Jade Hills in Kajang. This township is an innovative gated and guarded development with an oriental theme set amidst hills and lakes.
Awarded the new Sitra Causeway Bridges project in Bahrain. The project is the third undertaking for the Group in the Gulf States and will involve the building of two marine bridges and associated embankment works together with flyovers at both ends of the Sitra Causeway and Nabih Saleh Island.
2005
June 2005: Began a joint venture with UEM Land to develop Horizon Hills, a mixed residential development complete with a 18-hole golf course in Bandar Nusajaya, Johor. Covering 1,200 acres, this project is the first property venture out of the Klang Valley for Gamuda. Horizon Hills is the first gated freehold community township with a designer golf course and country club in Johor.
Through our Gamuda-WCT joint venture, we were awarded the construction of the Dukhan Highway in Qatar by the Public Works Authorities of the State of Qatar. The project involves the construction of approximately 43km of new highway from the town of Shahaniya to the existing Zekreet interchange near the Dukhan industrial area. A four-lane dual carriageway with grade-separated interchanges will be constructed to replace the existing two-lane single carriageway. Included in the project are the construction of bridges and ancillary works.
Won the contract for New Doha International Airport in Qatar to design and build two runways of 4.85km and 4.25km, three parallel taxiways, aircraft parking aprons, drainage works and airfield ground lighting facilities equipped with four substations.
2004

Syarikat Mengurus Air Banjir & Terowong Sdn Bhd (SMART Sdn Bhd), a 50% associate company of Gamuda, signed the Construction cum Concession Agreement with the Government of Malaysia for the implementation of the SMART Project. The SMART Project has a total construction cost of RM1.933 billion, which involves:

  • the design, construction and commissioning of the stormwater channel
  • the design, construction and commissioning of a double-deck motorway (Motorway); and
  • a 40-year concession for SMART Sdn Bhd to operate and collect toll on the Motorway.
Secured the Nam Theun 1 Hydroelectric Power Project in Lao People’s Democratic Republic (PDR) to supply 400MW of electricity to Electricity Generating Authority of Thailand (EGAT). The Project has a development cost of approximately RM1.5 billion.
MMC-Gamuda Joint Venture received letter from the Government of Malaysia to inform that the Government has decided to postpone the entire EDTP until further notice.
2003
Signed an Engineering, Procurement and Construction (EPC) Joint Venture Agreement with MMC to form an unincorporated joint venture for the purpose of undertaking and implementing the Stormwater Management and Road Tunnel (SMART) Project as an EPC Contractor. On the same day, we signed a Deed of Revocation with MMC Engineering Group Berhad, a subsidiary of MMC, in relation to the Joint Venture Agreement dated 26 July 2002.
Signed a Shareholders' Agreement with Malaysia Mining Corporation Berhad (MMC) to regulate their rights and liabilities inter se as shareholders of the company which will undertake, carry out and implement the RM14.448 billion Electrified Double-Tracking Project between Ipoh-Padang Besar and Seremban-Johor Bahru (2T Project) pursuant to the Letter of Award dated 21 October 2003 issued by the Government of Malaysia.
2002
October 2002: Signed a joint agreement with New Asia Construction & Development Corporation of Taiwan and the Kaohsiung Rapid Transit Corporation to undertake the Kaohsiung Mass Rapid Transit Project in Taiwan.
July 2002: Signed a joint venture agreement with MMC Engineering to jointly undertake the construction of SMART - an integrated bypass tunnel-cum-motorway in Kuala Lumpur City.
March 2002: Signed a second concession agreement with National Highway Authority of India for the Durgapur Highway, also in West Bengal.
2001

November 2001: Signed a concession agreement with the National Highways Authority of India (NHAI) to undertake the Panagarh-Palsit Highway projects in West Bengal, India.
2000
Was voted Best Asian Construction Company by Euromoney magazine.
December 2000: Purchased 280 acres of land in Sungai Buloh (Northwest of Kuala Lumpur) for Valencia - Malaysia’s first boutique development with a residents-only 9-hole golf course.
October 2000: Developed our second township called Bandar Botanic in Klang. The property development features a 1,240-acre mixed development self-contained township designed with parkland-waterfront concept.
Early 2000: Our associate company SPLASH (Syarikat Pengeluar Air Sungai Selangor Sendirian Berhad), signed a concession agreement with the Selangor State Government for the Sungai Selangor Phase 3 Water Project (SSP3).
1997

Followed the LDP Highway concession with a concession agreement for the improvement, upgrading, design, construction, maintenance, operation and management of the SPRINT Highway.
1996

Signed a second concession agreement with the Federal Government via Lingkaran Trans Kota Holdings Berhad (LITRAK) for the privatisation of the Lebuhraya Damansara Puchong (LDP) Highway.
1994

Acquired our first land bank with the purchase of Ladang Bukit Kemuning in Shah Alam, Selangor. This marked our entry into property development with our maiden township – Kota Kemuning.
1993

Signed a concession agreement to undertake the construction, operation, maintenance and management of the Shah Alam Expressway for 28 years and nine months.
1992
10 August 1992: Listed on the main board of the Kuala Lumpur Stock Exchange (KLSE).
1976
6 October 1976: Gamuda was incorporated.