Gamuda ups offer, Kesas now valued at RM1.4bil


KUALA LUMPUR: Gamuda Bhd has revised upward its offers to the remaining shareholders of Kesas Holdings Bhd who have not accepted its offer, namely Perbadanan Kemajuan Negeri Selangor (PKNS) and Permodalan Nasional Bhd (PNB).

In a filing with Bursa Malaysia, Gamuda said its offer price for PKNS’ 30% stake in Kesas was now raised to RM420mil and for PNB’s 20% to RM280mil.

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Business , Gamuda , Kesas

   

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