KUALA LUMPUR: Gamuda Bhd
has granted an extension of time to Permodalan Nasional Bhd (PNB) until Feb 7 for the execution of its sale and purchase agreement for the latter’s 20% stake in Kesas Holdings Bhd.
Gamuda had initially offered to buy the entire stake of Amcorp Properties Bhd, Perbadanan Kemajuan Negeri Selangor and PNB. However, only PNB and Amcorp Properties have accepted the RM280mil offer each for their respective 20% stakes in Kesas.
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