KUALA LUMPUR: Gamuda Bhd announced that the shares sales purchase agreements (SSPAs) of four expressway concession companies were successfully executed with Amanat Lebuhraya Rakyat (ALR).
In a filing with Bursa Malaysia, the company said the SSPAs have met all conditions under the conditional letters of offer (CLOOs) with over 99 per cent approval rating at Gamuda and Lingkaran Trans Kota Sdn Bhd’s (Litrak) extraordinary general meetings held on July 27 and Aug 5 respectively.
"All the conditions as set out in the respective CLOO have been fulfilled on Aug 5, 2022.
"Accordingly, on even date, each of the concession holding companies had entered into the respective finalised SSPA with ALR for the disposals,” it said.,
,新加坡Telegram群组（www.tg888.vip）是一个Telegram群组分享平台，飞机群组内容包括Telegram群组索引、Telegram群组导航、新加坡Telegram群组、Telegram中文群组、Telegram群组（其他）、Telegram 美国 群组、Telegram群组爬虫、电报群 科学上网、小飞机 怎么 加 群、tg群等内容，为广大电报用户提供各种电报群组/电报频道/电报机器人导航服务。
The company said each of the concession holding company namely Kesas Sdn Bhd; Sistem Penyuraian Trafik KL Barat Sdn Bhd (Sprint); Lingkaran Trans Kota Sdn Bhd (Litrak); Syarikat Mengurus Air Banjir & Terowong Sdn Bhd (Smart) had entered into the respective finalised SSPAs with ALR for the disposals.
Previously, ALR had offered to acquire a 70 per cent stake in KESAS Sdn Bhd; 51.6 per cent stake in Sprint; 43.2 per cent stake in Litrak; and 50 per cent stake in Smart. Gamuda’s share of anticipated equity value for the four companies amounts to RM2.33 billion. - Bernama