The Board of Directors of Gamuda Berhad ("Gamuda") wishes to inform that the Tender submitted by Gamuda (Singapore) Pte Ltd, a wholly owned subsidiary of Gamuda in Singapore (“Gamuda Spore”) jointly with Evia Real Estate (7) Pte Ltd (“Evia”) at a tender price of SGD318.89 million (equivalent to RM963.0 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 14 September 2018.
Gamuda will make the necessary announcement on the Tender upon receipt of the Letter of Acceptance which will be issued by HDB to the successful tenderer, namely Gamuda Spore-Evia Joint Venture in due course.
This announcement is dated 18 September 2018.