Bursa Announcements
News
Offer To Purchase All The Securities In The Following Companies: (i) KESAS Sdn Bhd ("KESAS"); (ii) Sistem Penyuraian Trafik KL Barat Sdn Bhd ("SPRINT"); (iii) Lingkaran Trans Kota Sdn Bhd ("LITRAK"); And (iv) Syarikat Mengurus Air Banjir & Terowong Sdn Bhd ("SMART"), By Minister Of Finance (Incorporated) ("MOF Inc") ("Offers")
Oct 31, 2019
Type
Announcement
Subject
OTHERS
Description
GAMUDA BERHAD ("GAMUDA" OR "COMPANY")
OFFER TO PURCHASE ALL THE SECURITIES IN THE FOLLOWING COMPANIES:
(i) KESAS SDN BHD ("KESAS");
(ii) SISTEM PENYURAIAN TRAFIK KL BARAT SDN BHD ("SPRINT");
(iii) LINGKARAN TRANS KOTA SDN BHD ("LITRAK"); AND
(iv) SYARIKAT MENGURUS AIR BANJIR & TEROWONG SDN BHD ("SMART"),
BY MINISTER OF FINANCE (INCORPORATED) ("MOF INC") ("OFFERS")
Reference is made to the Company’s announcements dated 21 June 2019, 27 June 2019 (as amended), 3 July 2019, 5 July 2019 and 29 August 2019 in relation to the Offers. Unless otherwise defined, the terms used in this announcement shall have the same meaning as those defined in the aforesaid announcements.
On behalf of the Board of Directors of Gamuda, Hong Leong Investment Bank Berhad wishes to announce that MOF Inc and each of the Concession Holding Companies have mutually agreed to the following in respect of the Offers:
(i) the Cut-Off Date to negotiate and finalise the terms of the definitive agreements shall be extended from 31 October 2019 to 31 December 2019;
(ii) the Long Stop Date to satisfy the Conditions Precedent shall be extended from 29 November 2019 to 29 February 2020; and
(iii) the date of Completion shall be extended from 31 December 2019 to a date which shall be no later than 31 March 2020.
Save for the aforementioned extensions, all other terms contained in the Offers shall continue to be in full force and effect.
This announcement is dated 31 October 2019.
Announcement Info
Company Name
GAMUDA BERHAD
Stock Name
GAMUDA
Date Announced
31 Oct 2019
Category
General Announcement for PLC
Reference Number
GA1-31102019-00033
| Type | Announcement |
| Subject | OTHERS |
| Description |
GAMUDA BERHAD ("GAMUDA" OR "COMPANY") OFFER TO PURCHASE ALL THE SECURITIES IN THE FOLLOWING COMPANIES: (i) KESAS SDN BHD ("KESAS"); BY MINISTER OF FINANCE (INCORPORATED) ("MOF INC") ("OFFERS") |
Reference is made to the Company’s announcements dated 21 June 2019, 27 June 2019 (as amended), 3 July 2019, 5 July 2019 and 29 August 2019 in relation to the Offers. Unless otherwise defined, the terms used in this announcement shall have the same meaning as those defined in the aforesaid announcements.
On behalf of the Board of Directors of Gamuda, Hong Leong Investment Bank Berhad wishes to announce that MOF Inc and each of the Concession Holding Companies have mutually agreed to the following in respect of the Offers:
(i) the Cut-Off Date to negotiate and finalise the terms of the definitive agreements shall be extended from 31 October 2019 to 31 December 2019;
(ii) the Long Stop Date to satisfy the Conditions Precedent shall be extended from 29 November 2019 to 29 February 2020; and
(iii) the date of Completion shall be extended from 31 December 2019 to a date which shall be no later than 31 March 2020.
Save for the aforementioned extensions, all other terms contained in the Offers shall continue to be in full force and effect.
This announcement is dated 31 October 2019.
Announcement Info
| Company Name | GAMUDA BERHAD |
| Stock Name | GAMUDA |
| Date Announced | 31 Oct 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-31102019-00033 |