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BackMay 31, 2018
Type Announcement
Subject OTHERS
Description

KUALA LUMPUR-SINGAPORE HIGH SPEED RAIL ("HSR") PROJECT

Reference is made to the announcements made by Gamuda Berhad (Company No. 29579-T) (“Gamuda” or “Company”) on 28 November 2017, 5 April 2018 and 2 May 2018 respectively, pertaining to the appointment of MRCB Gamuda Consortium (“Consortium”) by MyHSR Corporation Sdn Bhd (Company No. 1147719-M) (“MyHSR Corp”) as the PDP for the northern section of the HSR project i.e. from Bandar Malaysia Station to the Contract Boundary being the first standard viaduct pier on the south side of Melaka Station on “plain line track” beyond the station fan at approximate chainage 200 366 from the International Boundary (PDP-North Package Project”).

The Company wishes to announce that the Consortium has on 31 May 2018 received a letter dated 31 May 2018 from MyHSR Corp informing that following the announcement by the Government of Malaysia on the cancellation of the HSR Project, all further negotiations on the Articles of Agreements, Conditions of Contract and Annexures will be suspended.  Consequently, the signing of the Articles of Agreements and Conditions of Contract scheduled on 1 June 2018 will no longer take place.

This announcement is dated 31 May 2018.






Announcement Info

Company Name GAMUDA BERHAD
Stock Name GAMUDA
Date Announced 31 May 2018
Category General Announcement for PLC
Reference Number GA1-31052018-00155