SSPAs of four concession companies done

In a filing with Bursa Malaysia, the company said the SSPAs have met all conditions under the conditional letters of offer (CLOOs) with over 99% approval rating at Gamuda and Lingkaran Trans Kota Sdn Bhd’s (Litrak) EGMs held on July 27 and Aug 5 respectively.

KUALA LUMPUR: Gamuda Bhd announced that the share sales purchase agreements (SSPAs) of four expressway concession companies were successfully executed with Amanat Lebuhraya Rakyat (ALR).

In a filing with Bursa Malaysia, the company said the SSPAs have met all conditions under the conditional letters of offer (CLOOs) with over 99% approval rating at Gamuda and Lingkaran Trans Kota Sdn Bhd’s (Litrak) EGMs held on July 27 and Aug 5 respectively.