Others

Dec 19, 2018
Type Announcement
Subject OTHERS
Description

ACQUISITION OF NEW SUBSIDIARY BY GAMUDA ENGINEERING SDN BHD, A WHOLLY OWNED SUBSIDIARY OF GAMUDA BERHAD

The Board of Directors of Gamuda Berhad (Company No. 29579-T) (“Gamuda” or “Company”) wishes to announce that Gamuda Engineering Sdn Bhd (Company No. 506869-K) ("Gamuda Engineering"), a wholly-owned subsidiary of the Company, has acquired one (1) ordinary share in Megah Integrasi Sdn Bhd (Company No. 1301342-D) (“Megah Integrasi") representing 100% of the total issued share capital of Megah Integrasi, for a total cash consideration of RM1.00 only ("Acquisition").

Following the Acquisition, Megah Integrasi has become a wholly-owned subsidiary of Gamuda Engineering, which in turn is a wholly-owned subsidiary of Gamuda.

 

Megah Integrasi was incorporated in Malaysia on 29 October 2018 as a private limited company. The total issued share capital of Megah Integrasi is RM1.00 comprising one (1) ordinary share and the intended principal activity is to specialise in tunneling works.

 

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 Acquisition.

 

This announcement is dated 19 December 2018.

 

 




Announcement Info

Company Name GAMUDA BERHAD
Stock Name GAMUDA
Date Announced 19 Dec 2018
Category General Announcement for PLC
Reference Number GA1-18122018-00055