Transactions (Chapter 10 Of Listing Requirements):Non Related Party Transactions

Jan 16, 2014
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description PROPOSED ACQUISITION BY GAMUDA BERHAD (“GAMUDA”) OF THE REMAINING 70% EQUITY INTEREST IN KESAS HOLDINGS BERHAD (“KESAS HOLDINGS”) NOT HELD BY GAMUDA (“PROPOSED ACQUISITION”)

We refer to the announcements dated 4 November 2013, 18 December 2013, 23 December 2013 and 30 December 2013 in relation to Gamuda’s offer to acquire the remaining equity interest in Kesas Holdings not held by Gamuda. 

On behalf of Gamuda, CIMB Investment Bank Berhad wishes to announce that Gamuda had today entered into a conditional share purchase agreement (“SPA”) with Amcorp Properties Berhad (“Amcorp Properties”) for the acquisition of up to 20% equity interest in Kesas Holdings held by Amcorp Properties. 

Following Permodalan Nasional Berhad’s (“PNB”) request for an extension of time for the execution of its SPA with Gamuda for the acquisition by Gamuda of up to 20% equity interest in Kesas Holdings, Gamuda has today granted an extension of time to PNB until 7 February 2014 for the execution of the SPA. 

Further details of the Proposed Acquisition are as set out in the announcement attached. 

This announcement is dated 16 January 2014.

 


Announcement Info

Company Name GAMUDA BERHAD  
Stock Name GAMUDA    
Date Announced 16 Jan 2014  
Category General Announcement
Reference No MM-140116-66127

Attachments

  1. GAMUDA_160114.pdf (Size: 152,727 bytes)