BURSA ANNOUNCEMENTS
Date : 19 December 2014
OTHERS TALIWORKS CORPORATION BERHAD (“TCB” OR “THE COMPANY”) LETTER OF AWARD BY THE GOVERNMENT OF MALAYSIA (“GOM”) FOR THE TAKE-OVER OF THE ASSETS AND CONCESSION RIGHTS TO THE NEW NORTH KLANG STRAITS BYPASS EXPRESSWAY (“NNKSB”) BY JEJAK MELEWAR SDN BHD (“JM”), A COMPANY IN WHICH TCB HAS A 75% INDIRECT INTEREST
| TALIWORKS CORPORATION BERHAD |
| Type | Announcement |
| Subject | OTHERS |
| Description | TALIWORKS CORPORATION BERHAD (“TCB” OR “THE COMPANY”) LETTER OF AWARD BY THE GOVERNMENT OF MALAYSIA (“GOM”) FOR THE TAKE-OVER OF THE ASSETS AND CONCESSION RIGHTS TO THE NEW NORTH KLANG STRAITS BYPASS EXPRESSWAY (“NNKSB”) BY JEJAK MELEWAR SDN BHD (“JM”), A COMPANY IN WHICH TCB HAS A 75% INDIRECT INTEREST |
The Board of Directors is pleased to announce that JM (Company No. 1010950-W) had today received a letter of award from GOM to take over the assets and concession rights to the NNKSB from Lebuhraya Shapadu Sdn Bhd (In Liquidation) for a total purchase consideration of RM265 million. The Company will make the appropriate announcement upon the signing of the relevant agreements and documents to effect the aforesaid and any other developments relating to this in due course. This announcement is dated 19 December 2014. | |
Announcement Info
| Company Name | TALIWORKS CORPORATION BERHAD |
| Stock Name | TALIWRK |
| Date Announced | 19 Dec 2014 |
| Category | General Announcement |
| Reference No | CK-141219-58121 |