Bursa Announcements News

We refer to the Company’s announcements dated 14 December 2018, 15 February 2019, 28 February 2019, 15 March 2019 and 22 March 2019 in relation to the Proposals, the Company's announcement dated 25 February 2019 in relation to the press statement issued by the Prime Minister's Office dated 23 February 2019 on the Proposed Acquisition of Tolled Highways and the Company's announcements dated 21 June 2019, 27 June 2019, 28 June 2019, 3 July 2019 and 5 July 2019 in relation to the offers from Minister of Finance (Incorporated) to purchase all the securities in Kesas Sdn Bhd, Sistem Penyuraian Trafik KL Barat Sdn Bhd, Lingkaran Trans Kota Sdn Bhd and Syarikat Mengurus Air Banjir & Terowong Sdn Bhd (“Proposed Offers”).

In view that the requisite approvals for the Proposed Offers have not been obtained, Gamuda would require more time to deliberate on the merits of implementation of the Proposed Rights Issue of Warrants.

Accordingly, on behalf of the Board of Directors of Gamuda, RHB Investment Bank Berhad wishes to announce that the Company had on 9 August 2019 submitted an application to Bursa Malaysia Securities Berhad ("Bursa Securities"):

(i) to seek for an extension of time until 26 February 2020 to comply with Paragraph 6.62(1) of the Main Market Listing Requirements of Bursa Securities (“Listing Requirements”) to complete the implementation of the Proposed Rights Issue of Warrants; and

(ii) to seek for a further extension of time until 26 February 2020 to comply with Paragraph 9.33(1)(b) of the Listing Requirements to issue the circular in relation to the Proposals to its shareholders.

This announcement is dated 9 August 2019.