Bursa Announcements
News
Transactions (Chapter 10 Of Listing Requirements):Non Related Party Transactions
Jan 16, 2014
Type
Announcement
Subject
TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description
PROPOSED ACQUISITION BY GAMUDA BERHAD (“GAMUDA”) OF THE REMAINING 70% EQUITY INTEREST IN KESAS HOLDINGS BERHAD (“KESAS HOLDINGS”) NOT HELD BY GAMUDA (“PROPOSED ACQUISITION”)
We refer to the announcements dated 4 November 2013, 18 December 2013, 23 December 2013 and 30 December 2013 in relation to Gamuda’s offer to acquire the remaining equity interest in Kesas Holdings not held by Gamuda.
On behalf of Gamuda, CIMB Investment Bank Berhad wishes to announce that Gamuda had today entered into a conditional share purchase agreement (“SPA”) with Amcorp Properties Berhad (“Amcorp Properties”) for the acquisition of up to 20% equity interest in Kesas Holdings held by Amcorp Properties.
Following Permodalan Nasional Berhad’s (“PNB”) request for an extension of time for the execution of its SPA with Gamuda for the acquisition by Gamuda of up to 20% equity interest in Kesas Holdings, Gamuda has today granted an extension of time to PNB until 7 February 2014 for the execution of the SPA.
Further details of the Proposed Acquisition are as set out in the announcement attached.
This announcement is dated 16 January 2014.
Announcement Info
Company Name
GAMUDA BERHAD
Stock Name
GAMUDA
Date Announced
16 Jan 2014
Category
General Announcement
Reference No
MM-140116-66127
Attachments
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | PROPOSED ACQUISITION BY GAMUDA BERHAD (“GAMUDA”) OF THE REMAINING 70% EQUITY INTEREST IN KESAS HOLDINGS BERHAD (“KESAS HOLDINGS”) NOT HELD BY GAMUDA (“PROPOSED ACQUISITION”) |
We refer to the announcements dated 4 November 2013, 18 December 2013, 23 December 2013 and 30 December 2013 in relation to Gamuda’s offer to acquire the remaining equity interest in Kesas Holdings not held by Gamuda. On behalf of Gamuda, CIMB Investment Bank Berhad wishes to announce that Gamuda had today entered into a conditional share purchase agreement (“SPA”) with Amcorp Properties Berhad (“Amcorp Properties”) for the acquisition of up to 20% equity interest in Kesas Holdings held by Amcorp Properties. Following Permodalan Nasional Berhad’s (“PNB”) request for an extension of time for the execution of its SPA with Gamuda for the acquisition by Gamuda of up to 20% equity interest in Kesas Holdings, Gamuda has today granted an extension of time to PNB until 7 February 2014 for the execution of the SPA. Further details of the Proposed Acquisition are as set out in the announcement attached. This announcement is dated 16 January 2014. |
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Announcement Info
| Company Name | GAMUDA BERHAD |
| Stock Name | GAMUDA |
| Date Announced | 16 Jan 2014 |
| Category | General Announcement |
| Reference No | MM-140116-66127 |
Attachments