Pursuant to Paragraph 9.19(23) of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad, Gamuda Berhad (Company No. 29579-T) ("Gamuda" or "the Company") wishes to announce the incorporation of Gamuda Land Leisure Sdn Bhd (“GL Leisure”) on 13 July 2017 as a wholly owned subsidiary of Gamuda Land Sdn Bhd (Company No. 573380-D) (“Gamuda Land”), which in turn is a wholly owned subsidiary of the Company.
Brief Information on GL Leisure
GL Leisure was incorporated as a private company limited by shares with an initial issued share capital of RM2.00 representing 2 ordinary shares which are fully subscribed and paid by Gamuda Land.
The intended principal activity of GL Leisure is to operate amusement park and/or theme park.
Financial Effects
The aforesaid incorporation would not have any material effect on the earnings and/or net assets of Gamuda Group for the financial year ending 31 July 2017.
Directors’ and Major Shareholders’ Interests
None of the Directors and/or major shareholders of the Company and/or persons connected with them, has any interest, direct or indirect, in the said incorporation.
This announcement is dated 13 July 2017.