Bursa Announcements
News
New Issue Of Securities (Chapter 6 Of Listing Requirements) : Fund Raising
Dec 31, 2019
Type
Announcement
Subject
NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS)
FUND RAISING
Description
GAMUDA BERHAD ("GAMUDA" OR THE "COMPANY") PROPOSED RIGHTS ISSUE OF WARRANTS
We refer to the Company’s announcements dated 14 December 2018, 15 February 2019, 28 February 2019, 15 March 2019, 22 March 2019, 9 August 2019 and 6 September 2019 in relation to the Proposed Rights Issue Of Warrants (“Announcements”). Unless otherwise defined, the abbreviations and definitions used in the Announcements shall apply herein.
On behalf of the Board of Directors of Gamuda (“Board”), RHB Investment Bank Berhad wishes to announce that the Board has resolved not to proceed with the Proposed Rights Issue of Warrants in view that the Company is in the midst of finalising the definitive agreement in relation to the offer from the Minister of Finance (Incorporated) to purchase all the securities in each expressway concession company owned by Gamuda. Therefore, the Board will not seek any further extension of time from Bursa Malaysia Securities Berhad to comply with Paragraph 9.33(1)(b) of the Listing Requirements to issue the circular to shareholders in relation to the Proposed Rights Issue of Warrants.
This announcement is dated 31 December 2019.
Announcement Info
Company Name
GAMUDA BERHAD
Stock Name
GAMUDA
Date Announced
31 Dec 2019
Category
General Announcement for PLC
Reference Number
GA1-31122019-00061
| Type | Announcement |
| Subject | NEW ISSUE OF SECURITIES (CHAPTER 6 OF LISTING REQUIREMENTS) FUND RAISING |
| Description |
GAMUDA BERHAD ("GAMUDA" OR THE "COMPANY") PROPOSED RIGHTS ISSUE OF WARRANTS |
We refer to the Company’s announcements dated 14 December 2018, 15 February 2019, 28 February 2019, 15 March 2019, 22 March 2019, 9 August 2019 and 6 September 2019 in relation to the Proposed Rights Issue Of Warrants (“Announcements”). Unless otherwise defined, the abbreviations and definitions used in the Announcements shall apply herein.
On behalf of the Board of Directors of Gamuda (“Board”), RHB Investment Bank Berhad wishes to announce that the Board has resolved not to proceed with the Proposed Rights Issue of Warrants in view that the Company is in the midst of finalising the definitive agreement in relation to the offer from the Minister of Finance (Incorporated) to purchase all the securities in each expressway concession company owned by Gamuda. Therefore, the Board will not seek any further extension of time from Bursa Malaysia Securities Berhad to comply with Paragraph 9.33(1)(b) of the Listing Requirements to issue the circular to shareholders in relation to the Proposed Rights Issue of Warrants.
This announcement is dated 31 December 2019.
Announcement Info
| Company Name | GAMUDA BERHAD |
| Stock Name | GAMUDA |
| Date Announced | 31 Dec 2019 |
| Category | General Announcement for PLC |
| Reference Number | GA1-31122019-00061 |