ALR seeks extension on warranty claim period from highway concessionaires

KUALA LUMPUR: Amanat Lebuhraya Rakyat Bhd (ALR) has requested an extension for the warranty claim period, which expired on Jan 31, 2023, from Kesas Holdings Bhd (Kesas), Sistem Penyuraian Trafik KL Barat Holdings Sdn Bhd (Sprint) and Lingkaran Trans Kota Holdings Bhd (Litrak), said Gamuda Bhd.

In a filing with Bursa Malaysia today, it said the three highway concession holding companies received ALR’s letter requesting the extension on Jan 31.

Gamuda said ALR informed that due to its chairman, Tan Sri Azlan Mohd Zainol’s untimely demise on Jan 12, 2023, the ALR is presently inquorate according to the company’s constitution.

"As a result, the ALR board is not in a position to decide on the warranty claims until a new shareholder/director is appointed,” it said.

Gamuda said the board of directors of the concession holding companies has also responded to ALR that they are agreeable to provide an indulgence of an additional month (up to Feb 28, 2023) for ALR to finalise and submit any claims against vendor’s warranties.

"However, the substantive end date to which the events or terms that the claims relate remains to be Jan 31, 2023,” it added.

On Oct 13, 2022, ALR completed the acquisition of all the securities of four highway concession companies comprising Litrak, Sprint, Kesas and Syarikat Mengurus Air Banjir dan Terowong Sdn Bhd (Smart). - Bernama