GAMUDA - TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS):NON RELATED PARTY TRANSACTIONS
Announcement Type: General Announcement
| Company Name | GAMUDA BERHAD |
| Stock Name | GAMUDA |
| Date Announced | 4 Aug 2014 |
| Category | General Announcement |
| Reference No | GG-140804-65264 |
| Type | Announcement |
| Subject | TRANSACTIONS (CHAPTER 10 OF LISTING REQUIREMENTS) NON RELATED PARTY TRANSACTIONS |
| Description | GAMUDA BERHAD (“GAMUDA” OR “THE COMPANY”) PROPOSED ACQUISITION OF THE ENTIRE EQUITY INTEREST IN SALAK LAND DEVELOPMENT SDN BHD FOR A TOTAL CASH CONSIDERATION OF RM784,328,030.64 (“PROPOSED ACQUISITION”) |
The Board of Directors of Gamuda wishes to announce that Gamuda had on 31 July 2014 entered into a Share Sale Agreement with Salak Park Sdn Bhd for the acquisition of the entire equity interest in Salak Land Development Sdn Bhd for a total cash consideration of RM784,328,030.64, details of which are as set out in the attachment. This announcement is dated 4 August 2014. | |
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