Tender For Leasehold Land Parcel At Chencharu Close In The Republic Of Singapore Earmarked For Mixed Commercial And Residential Development Measuring Approximately 29,450.3 Square Metres ("Tender")

Sep 11, 2025

 

Type Announcement
Subject OTHERS
Description TENDER FOR LEASEHOLD LAND PARCEL AT CHENCHARU CLOSE IN THE REPUBLIC OF SINGAPORE EARMARKED FOR MIXED COMMERCIAL AND RESIDENTIAL DEVELOPMENT MEASURING APPROXIMATELY 29,450.3 SQUARE METRES ("TENDER")

(Unless otherwise stated, the exchange rate of Singapore Dollar (“SGD”) 1.00 : Ringgit Malaysia (“RM”) 3.2859, being the middle rate prevailing at 5.00 p.m. on 10 September 2025, being the latest practicable date prior to this announcement (“LPD”), as published by Bank Negara Malaysia, has been applied in this announcement for illustration purposes, where applicable.)

The Board of Directors of Gamuda Berhad (“Gamuda” or the “Company”) wishes to announce that the Tender submitted by Gamuda (Singapore) Pte Ltd (“Gamuda Spore”), a wholly owned subsidiary of Gamuda in Singapore jointly with Evia MCS Pte Ltd (“Evia”), and H108 Pte. Ltd. (“H108”) at a tender price of SGD1,012.59 million (equivalent to RM3,327.27 million) has emerged as the highest bidder. The Provisional Tender Results was announced by the Housing and Development Board of Singapore (“HDB”) after the Tender closing date on 11 September 2025.

Gamuda will make the necessary announcement on the Tender upon receipt of the Letter of Acceptance from HDB.

 

This announcement is dated 11 September 2025.


Announcement Info

Company Name GAMUDA BERHAD
Stock Name GAMUDA
Date Announced 11 Sep 2025
Category General Announcement for PLC
Reference Number GA1-11092025-00047