Bursa Announcements
News
Proposed Joint Venture To Develop A 187.5MW Hydroelectric Power Plant In Tenom, Sabah Through A Private Finance Initiative
Oct 30, 2023
Type
Announcement
Subject
OTHERS
Description
PROPOSED JOINT VENTURE TO DEVELOP A 187.5MW HYDROELECTRIC POWER PLANT IN TENOM, SABAH THROUGH A PRIVATE FINANCE INITIATIVE
The Board of Directors ("Board") of Gamuda Berhad ("Gamuda") is pleased to announce that a Joint Venture Agreement ("JVA") has been entered on 30 October 2023 between the following parties, for respective equity interest in UPP Holdings Sdn Bhd (Co. Regn. No. 202301035316 (1529239-U)) ("JV Company"), as follows:-
No
Parties
Co Regn No
Equity Interest
1
Gamuda Berhad
197601003632 (29579-T)
45%
2
Sabah Energy Corporation Sdn Bhd ("SEC")
199601009602 (381950-H)
40%
3
Kerjaya Kagum Hitech JV Sdn Bhd ("KKHJV")
201501022501 (1147830-V)
15%
(Collectively, the 3 parties above are referred to as the "JV Partners".)
For details of the announcement, please refer to the attachment below.
This annoucement is dated 30 October 2023.
Please refer attachment below.
Announcement Info
Company Name
GAMUDA BERHAD
Stock Name
GAMUDA
Date Announced
30 Oct 2023
Category
General Announcement for PLC
Reference Number
GA1-30102023-00075
Attachments
| Type | Announcement | ||||||||||||||||
| Subject | OTHERS |
||||||||||||||||
| Description | PROPOSED JOINT VENTURE TO DEVELOP A 187.5MW HYDROELECTRIC POWER PLANT IN TENOM, SABAH THROUGH A PRIVATE FINANCE INITIATIVE | ||||||||||||||||
|
The Board of Directors ("Board") of Gamuda Berhad ("Gamuda") is pleased to announce that a Joint Venture Agreement ("JVA") has been entered on 30 October 2023 between the following parties, for respective equity interest in UPP Holdings Sdn Bhd (Co. Regn. No. 202301035316 (1529239-U)) ("JV Company"), as follows:-
(Collectively, the 3 parties above are referred to as the "JV Partners".)
For details of the announcement, please refer to the attachment below.
This annoucement is dated 30 October 2023. |
|||||||||||||||||
Please refer attachment below.
Announcement Info
| Company Name | GAMUDA BERHAD |
| Stock Name | GAMUDA |
| Date Announced | 30 Oct 2023 |
| Category | General Announcement for PLC |
| Reference Number | GA1-30102023-00075 |
Attachments