Gamuda Bhd shares traded slightly lower on Tuesday afternoon, with the stock easing 0.24% or one sen to RM4.14 as at 3.02pm, after touching an intraday high of RM4.16 and a low of RM4.11.
A total of 47.73 million shares changed hands, with buying interest standing at RM4.13 against a selling price of RM4.14. The counter opened at RM4.14, compared with its previous closing price of RM4.15.
The mild decline came after Gamuda announced that the proposed Bulk Water Supply Agreement (BWSA) for the Northern Perak water infrastructure project had been delayed again following a request from Perbadanan Bekalan Air Pulau Pinang Sdn Bhd (PBAPP).
The construction group said it and Perbadanan Kemajuan Negeri Perak (PKNPk) had agreed to defer the signing of the agreement to a date yet to be determined. The BWSA is part of the proposed development of water treatment and distribution infrastructure in northern Perak, aimed at supplying treated water to Penang using surplus raw water resources.
The latest postponement follows earlier deadline extensions from 3 July to 13 July this year. The project stems from a memorandum of understanding signed in November 2025 between PBAPP, PKNPk and Gamuda.
Despite the delay, Gamuda said the revised timeline for executing the agreement is not expected to affect the overall implementation schedule of the project.
