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")

Dec 19, 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, 29 August 2019 and 31 October 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 December 2019 to 29 February 2020; and

 

(ii) the Long Stop Date to satisfy the Conditions Precedent and the date of Completion shall be extended to a date which shall be mutually agreed between MOF Inc and each of the Concession Holding Companies.

 

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 19 December 2019.





Announcement Info

Company Name GAMUDA BERHAD
Stock Name GAMUDA
Date Announced 19 Dec 2019
Category General Announcement for PLC
Reference Number GA1-19122019-00054