Posted by Sharefisher > 2022-04-04 09:04 | Report Abuse

Good news coming?

Posted by CKW6899 > 2022-04-04 09:33 | Report Abuse

Gamuda suspended today? Good news ?

Posted by Sharefisher > 2022-04-04 09:42 | Report Abuse

Need to wait for announcement..... Hope it is good news.

Posted by eklim65 > 2022-04-04 09:59 | Report Abuse

Maybe split Property business unit from main Gamuda. So, become Gamuda Corp (for construction dan lain-lain) & new unit Gamuda Property.

Posted by Believe3222 > 2022-04-04 10:25 | Report Abuse

confirm related to highway business because Litrak and KPS suspended too

Posted by xman44 > 2022-04-04 10:38 | Report Abuse

what kind of highway news will it be?

Posted by jvcpcv55 > 2022-04-04 10:57 | Report Abuse

Lingkaran Trans Kota Holdings Berhad wishes to announce that Bursa Malaysia Securities Berhad has approved the Company's request for suspension in the trading of its securities on the Main Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m. to 5.00 p.m. on Monday, 4 April 2022 pending the release of a material announcement. This request for suspension is made under para 3.1(b) of Practice Note 2 on Requests for Suspension of the Main Market Listing Requirement of Bursa Malaysia Securities Berhad.

Posted by jvcpcv55 > 2022-04-04 10:57 | Report Abuse

Gamuda Berhad wishes to announce that Bursa Malaysia Securities Berhad has approved the Company's request for suspension in the trading of its securities on the Main Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m. to 5.00 p.m. on Monday, 4 April 2022 pending the release of a material announcement. This request for suspension is made under Paragraph 3.1(b) of Practice Note 2 on Requests for Suspension of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.

This announcement is dated 4 April 2022.

Posted by Believe3222 > 2022-04-04 11:36 | Report Abuse

KPS wishes to announce that Bursa Malaysia Securities Berhad has approved the Company's request for suspension in the trading of its securities on the Main Market of Bursa Malaysia Securities Berhad with effect from 9.00 a.m. on Monday, 4 April 2022 pending the release of a material announcement.



This request for suspension is made under Paragraph 3.1(b) of Practice Note 2 on Requests for Suspension of the Main Market Listing Requirements of Bursa Malaysia Securities Berhad.



This announcement is dated 4 April 2022.

Posted by Sharefisher > 2022-04-04 12:37 | Report Abuse

I just hope price won't drop after good news out... Bursa always like that.. Haha ha...

Posted by bearcomebullgone > 2022-04-04 13:07 | Report Abuse

mai sendiri read

https://disclosure.bursamalaysia.com/FileAccess/apbursaweb/download?id=124832&name=EA_GA_ATTACHMENTS

Posted by Believe3222 > 2022-04-04 13:08 | Report Abuse

Cantekkk

Posted by nelsonlimpy > 2022-04-04 13:36 | Report Abuse

get the money and get ready for MRT3 and Australia project

Posted by pang72 > 2022-04-04 14:24 | Report Abuse

Good news?

Posted by eklim65 > 2022-04-04 14:51 | Report Abuse

Got special dividend ah???

Posted by TalkC > 2022-04-04 15:35 | Report Abuse

Or because underquoted?

Posted by Sharefisher > 2022-04-04 17:02 | Report Abuse

Wau.... So complicated the deal... Wait for market reaction tomorrow..... Just sit tight and do nothing first.

Posted by pang72 > 2022-04-04 20:44 | Report Abuse

People said litrak rm5. 08.
So, how much is Gamuda?

Posted by Phoebe > 2022-04-04 22:00 | Report Abuse

When the 1st time it was said that PH gomen want to buy over, Gamuda went up to 4.20+. Now with all the other n project on hand, I'm wondering how much it's worth now?

Posted by matklse > 2022-04-04 22:56 | Report Abuse

Fake offer to pump up the share price, big fishes want to sell high apparently.

Posted by CKW6899 > 2022-04-05 08:12 | Report Abuse

If free, can read The edge CEO Morning brief (page 4). Gamuda held different % share in Kesas, SMART, LDP and Sprint.

Posted by kokchengkai > 2022-04-05 08:51 | Report Abuse

CKW6899 , gov allow private co buy highway mean all highway income belong to the company not gov.
Private company say non profit mean all income frm toll minus staff salary , director salary , maintenance charge,gov tax wil adjust until non profit =non profit..
Private company mst use 5.5billion buy all highway , not free ...x

Posted by CKW6899 > 2022-04-05 09:18 | Report Abuse

You are right...no free lunch

Posted by DannyArcher > 2022-04-05 09:28 | Report Abuse

by selling the highway, this means going forward Gamuda earnings growth will be slow and they will also earn less. A company's price will go up and up based on earning growth, not their cash pile. This is why vincent tan was against jalil selling berjaya toto, without sportstoto, berjaya will be valued even less as the cash flow will dry up.

Posted by CKW6899 > 2022-04-05 10:00 | Report Abuse

Today the share price do not move much...

Posted by eddie4273 > 2022-04-05 10:25 | Report Abuse

Gamuda need cash for new projects. Once the other new concessions projects up. The cash flow will continue. It just short term of cash flow plan but long term plan remain same. Those big projects like Australia project, Penang Reclaim land project, Penang tunnel projects, MRT3 projects need cash to move. So, letting go this old highways could be very good news later only.

Posted by eddie4273 > 2022-04-05 10:28 | Report Abuse

If the government want to retain their position and power, they sure will not allow toll hike happens to upset citizen therefore Gamuda selling off those highway will be good move rather than maintaining old toll price (lesser inflow cash) but OPEX inflating every year.

Posted by TalkC > 2022-04-05 10:33 | Report Abuse

all buy in and earn lol.

Posted by KingKong_Doll > 2022-04-05 11:25 | Report Abuse

Also, all toll got expiry date 1 ma being litrak in 2030. If gomen allowed Gamuda to extend, ppl will go crazy loh. After reap profit so many yrs still want to extend ah? but now selling to another non-profit, itu macam can legally extend loh. Smart & sprint, I think merely breakeven. Furthermore if gomen implement into the city tax, it will drive down toll collection further. Blessing in disguise or was it intentionally?

Posted by Sharefisher > 2022-04-05 11:56 | Report Abuse

Guys, sure good and bad effects....... Today movement show positive is stronger than negative, wait for thing to go clearer.. Hold tight tight first.

Posted by TalkC > 2022-04-05 12:09 | Report Abuse

Rm3.8 TP?

Posted by Riaz1954 > 2022-04-05 12:34 | Report Abuse

Good result ..win win situation for Gamuda …I can see the share being rerated. Gamuda can focus in lucrative contracts and make gain from sale reduce debt and pay special dividend, with little loss of revenue from concession.

Posted by Riaz1954 > 2022-04-05 12:35 | Report Abuse

Target price 4.20 plus if further wins in Australia and others in Malaysia on the cards.

Posted by Riaz1954 > 2022-04-05 13:17 | Report Abuse

Very positive…..there is no negative…what so ever shareholders.

Posted by investortrader88 > 2022-04-05 13:27 | Report Abuse

https://www.theedgemarkets.com/article/gamuda-litrak-kps-rally-after-malaysian-highway-deal

Posted by investortrader88 > 2022-04-05 13:35 | Report Abuse

My average price bought gamuda RM3.03.litrak RM3.61.hope can earn some money this round

Posted by Nepo > 2022-04-05 14:37 | Report Abuse

https://www.nst.com.my/amp/business/2022/04/786064/gamuda-receives-irresistible-rm23bil-offer-stakes-four-highways%C2%A0

Posted by riffin > 2022-04-05 15:12 | Report Abuse

Gamuda to benefit from ALR’s takeover bid for Klang Valley highway toll concessionaires

Posted by riffin > 2022-04-05 15:14 | Report Abuse

Private company Amanat Lebuhraya Rakyat's (ALR) bid to take over four highway toll concessionaires in the Klang Valley is timely, given that infrastructure giant Gamuda Bhd likely needs funds to bid for some mega infrastructure projects.

Posted by riffin > 2022-04-05 15:14 | Report Abuse

If Gamuda's divestment is successful, it will help the group to repay its existing net debt of RM1.7 billion and achieve a net cash position of RM600 million. Besides, the group may also work on financing future projects, such as the Penang South Island (PSI), Australian projects, Mass Rapid Transit 3 (MRT3) Circle Line, Stormwater Management and Road 2 Tunnel (SMART2 Tunnel), which could be financed through a private financing initiative.

Posted by riffin > 2022-04-05 15:16 | Report Abuse

Gamuda on Monday April 4 received a conditional offer of RM5.48 billion from ALR — a private and not-for-profit company that is undertaking a restructuring of certain toll highway concessions on behalf of the government — to acquire all four highway concessions that it owns.

Posted by riffin > 2022-04-05 15:16 | Report Abuse

The offer is valid until April 30, 2022 and will be fully financed by sukuk.

Posted by riffin > 2022-04-05 15:16 | Report Abuse

The highway toll concessions comprise Gamuda’s 70%-owned Kesas Sdn Bhd (Kesas Expressway), 51.6%-owned Sistem Penyuraian Trafik KL Barat Sdn Bhd (SPRINT Expressway), 43.2%-owned Lingkaran Trans Kota Sdn Bhd (Damansara-Puchong Expressway or LDP) and 50%-owned Syarikat Mengurus Air Banjir dan Terowong Sdn Bhd (SMART Tunnel).

Posted by Phoebe > 2022-04-05 15:21 | Report Abuse

Hmm, I just glance thru Gamuda annual report and cimb analyst report. Gamuda will lose about Rm170 million recurring income if sold the highway to ALR and will turn net cash 600million. The AR states gamuda finance cost is Rm 117 million. So with the sale proceed, save the finance cost and then 600milliin at 2% FD, is about 12 million and no more opex cost, staff cost, tax from the highway. Not a bad deal wor .....

Posted by riffin > 2022-04-05 15:22 | Report Abuse

Local projects such as MRT3, Penang South Reclamation, SMART 2 and Sg Rasau water plant coupled with regional tender wins may contribute to earnings ahead. Its property division is also aiming to double presales to RM6 billion/year between FY21-24. Ultimately, this will help to improve sustainable earnings by over RM500 million/year. The company is also looking to reinvest in environmentally friendly (green) recurring income businesses in the infrastructure space

Posted by matklse > 2022-04-05 20:46 | Report Abuse

Big fishes just want to distribute to the retail investors, fake offers. Don't buy.

Posted by Nepo > 2022-04-05 21:30 | Report Abuse

https://www.sinchew.com.my/?p=3718657

Posted by CUTLOST > 2022-04-06 09:19 | Report Abuse

Start selling slowly loor

Posted by Sharefisher > 2022-04-06 09:42 | Report Abuse

Don't know what to do. Better don't do anything. Hold tight tight first. I want to see big boys respond first.

Posted by KingKong_Doll > 2022-04-06 15:14 | Report Abuse

Fake offer? Lol ..,
U know how many ppl eyeing that big juicy meat ah? Non profit org? Really? The edge says this deal is win win. How does extending toll will be win win leh for the rakyat? I better dun say too much later kena invite drink kopi?