Litrak, Sprint, Kesas, & Smart accept conditional offer from ALR

An aerial view of the Kesas toll (left).

KUALA LUMPUR: Gamuda Bhd announced that four concession holding companies have each separately accepted their respective conditional letter of offer for the proposed disposal of all the securities to Amanat Lebuhraya Rakyat Bhd (ALR) and delivered the written acceptances today.

The concession holding companies are Kesas Holdings Bhd (KESAS Holdings), Sistem Penyuraian Trafik KL Barat Holdings Sdn Bhd (SPRINT Holdings), Lingkaran Trans Kota Holdings Bhd (LITRAK Holdings) and Projek Smart Holdings Sdn Bhd (SMART Holdings).