Litrak, Gamuda, KPS to renew commerce on Tuesday

KUALA LUMPUR: Buying and selling of the shares in Lingkaran Trans Kota Holdings Bhd (Litrak), Gamuda Bhd and Kumpulan Perangsang Selangor Bhd will resume at 9am on Tuesday.

Buying and selling within the structured warrants referring to Gamuda may even resume on the similar time.

Earlier, Prime Minister Datuk Seri Ismail Sabri Yaakob introduced that the federal government agreed to the proposed restructuring of 4 freeway concession firms across the Klang Valley.

These are Kesas Sdn Bhd which manages Shah Alam Expressway (Kesas), Syarikat Mengurus Air Banjir dan Terowong Sdn Bhd which manages Stormwater Administration and Highway Tunnel (SMART), Sistem Penyuraian Trafik KL Barat Sdn Bhd which manages the Western Kuala Lumpur Site visitors Dispersal Scheme ( Dash), and Lingkaran Trans Kota Sdn Bhd which manages the Damansara-Puchong Expressway (LDP).

In a submitting with Bursa Malaysia, Gamuda introduced that it had acquired a proposal from Amanat Lebuhraya Rakyat Bhd (ALR) for his or her stakes in Lingkaran Trans Kota Sdn Bhd, Sistem Penyuraian Trafik KL Barat Sdn Bhd and Projek Sensible Holdings Sdn Bhd.

KPS introduced that its 20% affiliate firm System Penyuraian Trafik KL Barat Holdings Sdn Bhd acquired a proposal from ALR for its curiosity in SPRINT.

Litrak additionally introduced that ALR had additionally made a proposal for its stakes in SPRINT and Litrak.


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