Lin Yun Ling continues as Gamuda’s group MD until mid-2028

• In a bourse filing on Thursday (June 22), the engineering, property and infrastructure group said it had approved the renewal of the employment contract of the 68-year-old engineer-turned-corporate leader from July 1, 2023 to June 30, 2028.

KUALA LUMPUR (June 22): Gamuda Bhd has renewed Datuk Lin Yun Ling's (pictured) contract as group managing director, a post he has held for over four decades, for another five years until mid-2028.

In a bourse filing on Thursday (June 22), the engineering, property and infrastructure group said it had approved the renewal of the employment contract of the 68-year-old engineer-turned-corporate leader from July 1, 2023 to June 30, 2028.

Based on Gamuda’s website, Lin has been on the board as group MD since Feb 10, 1981. The civil engineer, who graduated from King’s College, London, first joined Gamuda in 1978 as a senior project manager. 

“He remains at the helm of the group that has progressed from a small construction set-up to Malaysia’s leading infrastructure and property developer. 

“With his entrepreneurial vision and strategic leadership skills, he is focused on growing the core businesses of the group, leveraging on the differentiated strengths of its talent pool. 

"The strategies for the group have resulted in a sustained period of growth in revenues and earnings in each of its core businesses,” Gamuda wrote. 

As at Dec 8, 2022 on a Bursa announcement, Lin held a 3.03% direct stake or 79.22 million shares in Gamuda. 

Gamuda's share price settled higher three sen or 0.71% to RM4.25, valuing the group at RM11.31 billion. The counter has climbed 13.03% in the past six months.