Proposed Acquisition Of A 9.1 Acres Mixed-use Plot Of Land In A Prime Location Of Thu Duc City, Ho Chi Minh City In Vietnam ("Project Land") As Part Of Gamuda Berhad Group's Expansion Plan In Vietnam ("Proposed Acquisition")

Jul 20, 2023
Type Announcement
Subject OTHERS
Description

PROPOSED ACQUISITION OF A 9.1 ACRES MIXED-USE PLOT OF LAND IN A PRIME LOCATION OF THU DUC CITY, HO CHI MINH CITY IN VIETNAM ("PROJECT LAND") AS PART OF GAMUDA BERHAD GROUP'S EXPANSION PLAN IN VIETNAM ("PROPOSED ACQUISITION")

The Board of Directors (“Board”) of Gamuda Berhad [Co. Regn. No. 197601003632 (29575-T)] (“Gamuda” or “Company”) wishes to announce that its property arm, Gamuda Land via the following three wholly owned foreign sub-subsidiaries in Vietnam have entered into a Share Transfer Agreement with Mr. Nguyen Hong Giang, Mr. Nguyen Van Viet and Ms. Dang Thi Dung (the individuals are collectively referred to as the “Vendor”) (“Share Transfer Agreement”) on 20 July 2023 to acquire 100% equity interest in Tam Luc Real Estate Corporation (Enterprise Registration No. 0314020818) (“Project Company”), the project company which solely owns the Project Land:


(a) Van Lam Investment Limited Company [Enterprise Registration Certificate (“ERC”) No. 0317898689] (“Van Lam”);


(b) Truong Tin Construction and Housing Trading Company Limited [ERC No. 0302628009] (“Truong Tin Construction”);


(c) Gamuda Land Nam Viet Investment Company Limited [ERC No. 0317270005] (“GL Nam Viet”);


[collectively “GL Subsidiaries” or “Purchaser”].


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

 

This annoucement is dated 20 July 2023.

Please refer attachment below.


Announcement Info

Company Name GAMUDA BERHAD
Stock Name GAMUDA
Date Announced 20 Jul 2023
Category General Announcement for PLC
Reference Number GA1-17072023-00029

Attachments

  1. Gamuda_Berhad_(Proposed_Acquisition_of_Land_Vietnam).pdf (Size: 441,312 bytes)