Transactions (Chapter 10 Of Listing Requirements) : Non Related Party Transactions

Sep 28, 2018
Type Announcement
Subject TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS)
NON RELATED PARTY TRANSACTIONS
Description

TENDER FOR LAND PARCEL AT ANCHORVALE CRESCENT (LOT 3142A MK 21) SITE EARMARKED FOR EXECUTIVE CONDOMINIUM HOUSING DEVELOPMENT MEASURING APPROXIMATELY 17,137.30 SQUARE METERS (PREVIOUSLY 51,411.90 SQUARE METERS WAS ALLOWABLE GROSS FLOOR AREA) ("TENDER") - LETTER OF AWARD

Reference is made to the announcement made by Gamuda Berhad (Company No. 29579-T) (“Gamuda” or “Company”) on 18 September 2018.

The Board of Directors of Gamuda wishes to announce that Gamuda has on 28 September 2018, received the Letter of Award dated 27 September 2018 issued by the Housing Development Board of Singapore confirming their acceptance of the Tender submitted jointly by Gamuda’s wholly owned subsidiary in Singapore, Gamuda (Singapore) Pte Ltd (“Gamuda Spore”) with Evia Real Estate (8) Pte Ltd (“Evia”) at the tender price of Singapore Dollars (“SGD”) 318,888,899.00 (equivalent to RM963.0 million) (“Purchase Consideration”).

For details of the announcement, please refer the file attachment below.

This announcement is dated 28 September 2018.

 


Announcement Info

Company Name GAMUDA BERHAD
Stock Name GAMUDA
Date Announced 28 Sep 2018
Category General Announcement for PLC
Reference Number GA1-28092018-00155

 

 

Please refer attachment below.

Attachments

  1. LOA_-_Tender_of_Anchorvale_Crescent_Exec_Condo_site.pdf (Size: 159,681 bytes)