Macmahon Holdings has recorded steady growth in its first half and has increased its revenue guidance after renegotiating a contract extension for work in Indonesia.
Perth-based Macmahon Holdings has struck a renegotiated contract extension with Amman Mineral for work on its Indonesian copper and gold mine but under substantially different terms.
Macmahon Holdings has finalised documentation for what is a potentially transformational deal with Indonesia's PT Amman Mineral Nusa Tenggara, two months after announcing a heads of agreement in the midst of a hostile takeover battle.