Bursa Announcements
News
Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions
Jun 08, 2022
Type
Announcement
Subject
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
GAMUDA BERHAD ("GAMUDA" OR THE "COMPANY")
PROPOSED DISPOSAL OF ALL THE SECURITIES IN:
(I) KESAS SDN BHD ("KESAS");
(II) SISTEM PENYURAIAN TRAFIK KL BARAT SDN BHD ("SPRINT");
(III) LINGKARAN TRANS KOTA SDN BHD ("LITRAK"); AND
(IV) SYARIKAT MENGURUS AIR BANJIR & TEROWONG SDN BHD ("SMART")
TO AMANAT LEBUHRAYA RAKYAT BERHAD ("ALR").
(COLLECTIVELY REFERRED TO AS THE "PROPOSED DISPOSALS" AND EACH AS THE "PROPOSED DISPOSAL")
Reference is made to the Company’s announcement dated 4 April 2022 in relation to the receipt of letter of offers from ALR and announcement dated 18 April 2022 on the Proposed Disposals (collectively, the “Announcements”). Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the Announcements.
On behalf of the Board of Gamuda, HLIB wishes to announce that on 7 June 2022, each of the Concession Holding Company and ALR have agreed and finalised the terms and conditions of the draft share sale and purchase agreement (collectively “Finalised SSPAs” and each “Finalised SSPA”). For avoidance of doubt, the Finalised SSPAs shall only be executed upon the fulfilment of all the conditions set out in the respective CLOOs and the attached document which includes, amongst others, the approval(s) of the shareholders of the respective Concession Holding Companies for the disposal of each Expressway Concession Company having been obtained.
Kindly refer to the attached document for further details of the announcement.
This announcement is dated 8 June 2022.
Please refer attachment below.
Announcement Info
Company Name
GAMUDA BERHAD
Stock Name
GAMUDA
Date Announced
08 Jun 2022
Category
General Announcement for PLC
Reference Number
GA1-08062022-00023
Attachments
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description |
GAMUDA BERHAD ("GAMUDA" OR THE "COMPANY") PROPOSED DISPOSAL OF ALL THE SECURITIES IN: (I) KESAS SDN BHD ("KESAS"); (II) SISTEM PENYURAIAN TRAFIK KL BARAT SDN BHD ("SPRINT"); (III) LINGKARAN TRANS KOTA SDN BHD ("LITRAK"); AND (IV) SYARIKAT MENGURUS AIR BANJIR & TEROWONG SDN BHD ("SMART") TO AMANAT LEBUHRAYA RAKYAT BERHAD ("ALR"). (COLLECTIVELY REFERRED TO AS THE "PROPOSED DISPOSALS" AND EACH AS THE "PROPOSED DISPOSAL") |
|
Reference is made to the Company’s announcement dated 4 April 2022 in relation to the receipt of letter of offers from ALR and announcement dated 18 April 2022 on the Proposed Disposals (collectively, the “Announcements”). Unless otherwise stated, all definitions and terms used in this announcement shall have the same meaning as defined in the Announcements.
On behalf of the Board of Gamuda, HLIB wishes to announce that on 7 June 2022, each of the Concession Holding Company and ALR have agreed and finalised the terms and conditions of the draft share sale and purchase agreement (collectively “Finalised SSPAs” and each “Finalised SSPA”). For avoidance of doubt, the Finalised SSPAs shall only be executed upon the fulfilment of all the conditions set out in the respective CLOOs and the attached document which includes, amongst others, the approval(s) of the shareholders of the respective Concession Holding Companies for the disposal of each Expressway Concession Company having been obtained.
Kindly refer to the attached document for further details of the announcement.
This announcement is dated 8 June 2022. |
|
Please refer attachment below.
Announcement Info
| Company Name | GAMUDA BERHAD |
| Stock Name | GAMUDA |
| Date Announced | 08 Jun 2022 |
| Category | General Announcement for PLC |
| Reference Number | GA1-08062022-00023 |
Attachments