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 "Disposals") - Warranty Claims By ALR And Payment Of Net Retention Sum

Feb 28, 2023
Type Announcement
Subject OTHERS
Description

GAMUDA BERHAD ("GAMUDA" OR "COMPANY")

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 "DISPOSALS")

- WARRANTY CLAIMS BY ALR AND PAYMENT OF NET RETENTION SUM

The terms used herein shall, unless the context otherwise stated, bear the same meaning as those defined in the circular to the shareholders of Gamuda dated 12 July 2022 (“Circular”). Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as those defined in the Circular.

 

Reference is made to the Company’s announcements dated 13 October 2022 and 2 February 2023 in relation to the completion of the Disposals.

 

The Board of Directors of Gamuda wishes to announce that Kesas Holdings Berhad, Sistem Penyuraian Trafik KL Barat Holdings Sdn Bhd and Lingkaran Trans Kota Holdings Berhad (collectively “Concession Holding Companies”) had on 24 February 2023 each received a letter of even date from ALR in which ALR notified the Concession Holding Companies of the Warranty Claims in respect of the concession companies (“ALR Warranty Claims”).

 

For details, please refer to the attachment below.

 

This announcement is dated 28 February 2023.

 

Please refer attachment below.


Announcement Info

Company Name GAMUDA BERHAD
Stock Name GAMUDA
Date Announced 28 Feb 2023
Category General Announcement for PLC
Reference Number GA1-28022023-00077

Attachments

  1. Gamuda_Berhad_(Warranty_claims_and_Payment_of_Net_Retention_Sum).pdf (Size: 180,996 bytes)