The Board of Directors of Gamuda wishes to announce that the Housing Development Board of Singapore had on 23 June 2015 accepted the tender submitted jointly by Gamuda with Evia Real Estate (7) Pte Ltd and Maxdin Pte Ltd to acquire a piece of leasehold land measuring approximately 12,154.6 square meters at the tender price of Singapore Dollars (“SGD”) 345,860,000.00 via a joint venture company, details of which are set out in the attachment.
This announcement is dated 25 June 2015.