Gamuda (KLSE:GAMUDA) unit Gamuda (Singapore), together with partners Evia MCS, and H108, submitted the highest bid of SG$1.01 billion for a Housing and Development Board (HDB) site in Singapore, according to a Thursday Malaysian bourse filing.
Shares gained over 1% in Friday's late morning trade.
Gamuda said it will issue a further updates once the letter of acceptance is received.