Consolidation Of The Selangor Water Industry Proposed Purchase Of 100% Equity In Syarikat Pengeluar Air Sungai Selangor Sdn Bhd ("SPLASH") By Pengurusan Air Selangor Sdn Bhd ("Air Selangor")

Mar 29, 2019
Type Announcement
Subject OTHERS
Description

GAMUDA BERHAD ("GAMUDA" OR "COMPANY")

CONSOLIDATION OF THE SELANGOR WATER INDUSTRY

PROPOSED PURCHASE OF 100% EQUITY IN SYARIKAT PENGELUAR AIR SUNGAI SELANGOR SDN BHD ("SPLASH") BY PENGURUSAN AIR SELANGOR SDN BHD ("AIR SELANGOR")

Reference is made to the earlier announcements dated 3 August 2018, 9 August 2018, 14 September 2018, 28 September 2018, 17 December 2018 and 27 February 2019 in relation to Air Selangor’s proposed purchase of 100% equity in SPLASH (“Offer”). Unless otherwise stated, words and phrases used in this announcement shall have the same meanings as defined in the aforesaid announcements.

 

On behalf of the Board of Directors of Gamuda, Hong Leong Investment Bank Berhad wishes to announce that Air Selangor and SPLASH Holdings (being the associated company of Gamuda) have mutually agreed to extend the Cut-Off Date to fulfil the Conditions Precedent in the SPA from 31 March 2019 to 15 April 2019.

 

This announcement is dated 29 March 2019.





Announcement Info

Company Name GAMUDA BERHAD
Stock Name GAMUDA
Date Announced 29 Mar 2019
Category General Announcement for PLC
Reference Number GA1-28032019-00125