venteck77

venteck77 | Joined since 2017-09-01

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2020-01-02 20:24 | Report Abuse

KUALA LUMPUR: GAMUDA BHD and a Taiwanese company Dong-Pi Construction Co. Ltd have secured a RM932mil contract to build a seawall for the Taipei port and a dike project.

Gamuda said on Thursday the contract awarded by Taiwan International Ports Corporation Ltd to build the third and fourth stage of the seawall for a reclamation project in the logistics area of the Taipei port.

“The works is awarded to Gamuda and Dong-Pi and will be undertaken by an unincorporated 70: 30 joint venture comprising Gamuda and Dong-Pi, respectively, ” it said.

Gamuda said the scope of the works involved building 4,014 metre seawall structures, dismantling existing seawall structures (954m) and Southport shore protection works for a contract sum of New Taiwan dollar NT$6.81bil (equivalent to RM932.50mil).

It said the contract period is 60 months, starting this January and was expected to be completed by January 2025.

Dong-Pi is a private limited company incorporated in Taiwan with a total issued share capital of NT$347mil.

Dong-Pi is general civil construction specialising in tunnel construction and marine engineering.

https://www.thestar.com.my/business/business-news/2020/01/02/gamuda-jv-secures-rm932m-taiwan-port-job

Stock

2020-01-01 15:38 | Report Abuse

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.https://www.bursamalaysia.com/market_information/announcements/company_announcement/announcement_details?ann_id=3013103

Stock

2019-07-17 16:33 | Report Abuse

https://www.malaysiakini.com/news/484228

Penang's proposal to build a light rail transit system (LRT) from Bayan Lepas to Komtar has obtained federal approval, announced the Transport Ministry today.

Transport Minister Anthony Loke said the approval was obtained after thorough consideration, and is subjected to several conditions under Section 83 and 84 of the Land Public Transport Act 2010.

Section 83 of the Act states that after the minister issues a conditional approval, all documents related to the project have to be submitted to the Land Public Transport Agency (APAD) for public viewing and feedback for three months.

According to Section 84 (4) of the Act, this period starts on the last day that the notice was published in the media.

Stock

2019-06-27 21:26 | Report Abuse

GAMUDA Bhd has accepted the proposed offer by the Minister of Finance Inc to purchase all of the group’s equity stake in four companies.

In a filing with Bursa Malaysia today, Gamuda said the companies were Kesas Sdn Bhd, Sistem Penyuraian Trafik KL Barat Sdn Bhd, Lingkaran Trans Kota Sdn Bhd and Syarikat Mengurus Air Banjir dan Terowong Sdn Bhd.

“The board of Gamuda will make the appropriate announcements in due course after going through the relevant due process with its respective associated companies and joint venture company,” it said.

Finance Minister Lim Guan Eng had recently announced that the government had made a RM6.2 billion bid to take over four concessions of toll highways, which could save taxpayers RM5.3 billion in compensation to the concessionaires.

Gamuda has a significant stake in all four highways. – Bernama, June 27, 2019.

Stock

2019-06-21 21:56 | Report Abuse

吉隆坡21日讯)财政部将透过特别用途公司(SPV)以总值62亿令吉向金务大(GAMUDA,5398,主板建筑组)收购旗下4条大道特许经营权。

这4条大道是白蒲大道(LDP)、西部疏散大道(SPRINT)、沙亚南大道(KESAS)及精明隧道(SMART)。

金务大发文告披露,在今日接获财政部献议书,建议以总值13亿7700万令吉收购旗下70%子公司沙亚南大道控股所有股权。

同时,金务大旗下52%联号公司西部疏散大道控股私人有限公司、44%联号公司环城大道控股,以及50%联营公司精明隧道工程私人有限公司也接获财政部分别以19亿8400万令吉、24亿7000万令吉和3亿6900万令吉收购所有股权的献议。

根据文告,财政部将通过特别用途公司来收购这4条收费大道,而相关大道公司可在7月12日期限前接受收购献议,但收购献议结果仍胥视精密审查结果、内阁批准,以及能否签署最终协议。

金务大说,根据上述4项大道正常营运条件,以及企业价值和债务水平,董事部预期4条大道的股权价值为45亿令吉,而公司可凭借持股取得23亿6000万令吉。

“金务大董事部将在和个别联号与联营公司进行内部评估后,适时作出必要宣布。”


文章来源 : 星洲日报 2019-06-21

Stock

2019-06-21 21:56 | Report Abuse

OTHERS GAMUDA BERHAD ("GAMUDA" OR THE "COMPANY") PROPOSED 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 DAN TEROWONG SDN BHD ("SMART") BY MINISTER OF FINANCE (INCORPORATED) ("MOF INC")

Reference is made to the Company’s announcement dated 25 February 2019 in relation to the statement issued by the Prime Minister’s Office on 23 February 2019 on the Proposed Acquisition of Tolled Highways.

On behalf of the Board of Directors of Gamuda, Hong Leong Investment Bank Berhad (“HLIB”) wishes to announce that Kesas Holdings Berhad (“Kesas Holdings”), its 70% owned subsidiary, had on 21 June 2019, received a Letter of Offer dated on even date from MOF Inc in respect of MOF Inc’s offer to acquire all the securities (including all ordinary shares, preference shares and loan stocks) of Kesas. Kesas is a wholly owned subsidiary of Kesas Holdings.

Simultaneously, each of the following associated companies and joint venture company of Gamuda had on 21 June 2019, received a Letter of Offer from MOF Inc for the following acquisitions:

(i) Sistem Penyuraian Trafik KL Barat Holdings Sdn Bhd ("SPRINT Holdings"), Gamuda's 52% associated company, had on 21 June 2019, received a Letter of Offer dated on even date from MOF Inc in respect of MOF Inc's offer to acquire all the securities (including all ordinary shares, preference shares and loan stocks) of SPRINT. SPRINT is a wholly-owned subsidiary of SPRINT Holdings;

(ii) Lingkaran Trans Kota Holdings Berhad (“LITRAK Holdings”), Gamuda’s 44% associated company, had on 21 June 2019, received a Letter of Offer dated on even date from MOF Inc in respect of MOF Inc’s offer to acquire all the securities (including all ordinary shares, preference shares and loan stocks) of LITRAK. LITRAK is a wholly-owned subsidiary of LITRAK Holdings; and

(iii) Projek SMART Holdings Sdn Bhd (“SMART Holdings”), Gamuda’s 50% joint venture company, had on 21 June 2019, received a Letter of Offer dated on even date from MOF Inc in respect of MOF Inc’s offer to acquire all the securities (including all ordinary shares, preference shares and loan stocks) of SMART. SMART is a wholly-owned subsidiary of SMART Holdings.

Kindly refer to the attached document for the details of the offers.

This announcement is dated 21 June 2019.

Stock

2019-02-20 18:53 | Report Abuse

 FY18 Revenue grew by 8.3% to RM2.03 billion (FY17: RM1.87 billion)
 Profit Before Tax increased by 4.8% to RM381 million (FY17: RM363 million)
 Net profit increased by 4.6% to RM283 million (FY17: RM270 million)

The Board at HEINEKEN Malaysia has also proposed a single tier final dividend of 54 sen per
stock unit for the year ended 31 December 2018, subject to approval of the shareholders at the
forthcoming Annual General Meeting. The single tier final dividend will be paid on 19 July 2019
to shareholders registered at the close of business on 5 July 2019.

Total dividend for the year ended 31 December 2018 is 94 sen per stock unit comprising:
 a single tier interim dividend of 40 sen which was paid on 25 October 2018; and
 a proposed single tier final dividend of 54 sen per stock unit.

Stock

2019-02-20 17:36 | Report Abuse

PRESS RELEASE – BY PUBLIC BANK BERHAD
2018 FINANCIAL PERFORMANCE
PUBLIC BANK GROUP ACHIEVED PRE-TAX PROFIT OF RM7.10
BILLION FOR 2018 AND DECLARED SECOND INTERIM DIVIDEND
OF 37 SEN