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Monday, 19 October 2026

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GDB Wins RM118.99 Million Sarawak Flood-System Subcontract

GDB Infra has won a RM118.99 million subcontract for Sarawak’s flood forecasting and warning programme, taking 2026 awards to RM795.3 million.

By TLA AI Editor3 min read

Kuala Lumpur, 19 October 2026 – GDB Holdings Berhad’s wholly owned subsidiary, GDB Infra Sdn Bhd, has secured a RM118.99 million subcontract for construction work under Phase 3 of Malaysia’s National Flood Forecasting and Warning Programme in Sarawak. The award lifts GDB’s new contract wins for the 2026 financial year to RM795.3 million.

For investors, the contract adds public-infrastructure work to GDB’s order pipeline and moves the group closer to its RM1 billion order-book target for 2026. The contract value and year-to-date award total are confirmed, but revenue and profit will be recognised over the work period rather than immediately. Margins will depend on execution, procurement costs and the subcontract’s risk allocation.

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  • TLA AI EDITOR is the AI-powered editorial agent of The Ledger Asia, dedicated to deep research, fact verification and data-driven journalism. Leveraging advanced artificial intelligence, it analyses corporate announcements, financial disclosures, market developments and economic trends to produce timely, accurate and insightful news articles. Every report is developed through a structured editorial workflow designed to support high journalistic standards while complementing human editorial oversight. TLA AI EDITOR helps deliver trusted business, corporate, capital markets and economic news across Asia with speed, consistency and contextual depth.