Malaysia’s Australia-Exposed Companies Face an Execution Test Behind the Growth Opportunity

Petaling Jaya, 17 September 2026 – Malaysian companies with Australian operations could benefit from infrastructure, renewable-energy and property opportunities, according to CIMB Research, although investors still need to distinguish a supportive market outlook from realised earnings. The assessment puts project delivery, funding discipline and exposure to local demand at the centre of the investment case rather than treating overseas expansion alone as proof of future profitability.

The research house’s assessment followed site visits in July. It highlighted Gamuda’s infrastructure and renewable-energy presence, as well as property opportunities involving SP Setia and Sime Darby Property. Gamuda’s reported Australian exposure represented 35% of a RM61.6 billion order book. The figure describes contracted work in the research assessment; it is not revenue already recognised or cash already collected.