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

Jun 20, 2023
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description

ACQUISITION OF AUSTRALIAN TRANSPORT PROJECTS BUSINESS [HEREIN REFERRED TO AS DOWNER TRANSPORT PROJECTS ("DTP")] FROM DOWNER EDI WORKS PTY LTD AND VEC CIVIL ENGINEERING PTY LTD FOR AN ENTERPRISE VALUE OF AUD212 MILLION (EQUIVALENT TO RM636 MILLION ("DTP ACQUISITION")

Unless otherwise defined, capitalised terms used in this announcement shall have the same meanings as those defined in Gamuda’s announcements dated 22 and 24 February 2023 ("Announcements").

 

The Board of Directors of Gamuda is pleased to announce that the Agreement for the DTP Acquisition, as previously disclosed in the Announcements has reached completion, for the agreed enterprise value of AUD212 million to DEW and VEC on 20 June 2023.

 

For details of the announcement, please refer to the attachment.

 

This announcement is dated 20 June 2023.     

Please refer attachment below.


Announcement Info

Company Name GAMUDA BERHAD
Stock Name GAMUDA
Date Announced 20 Jun 2023
Category General Announcement for PLC
Reference Number GA1-20062023-00018

Attachments

  1. Gamuda_Berhad_(Downer_Transport_Projects_Completion).pdf (Size: 113,978 bytes)