News Articles for SRG Global

SRG Global has secured a contract with GFG Liberty OneSteel at its Whyalla Steelworks site, worth up to $45 million.

SRG Global has secured a contract worth up to $60 million with South32 at its Worsley Alumina operations near Collie.

SRG Global has secured an $11.85 million contract for the University of Melbourne's Lincoln Square project.

SRG Global has secured an $18 million contract with Kalgoorlie Consolidated Gold Mines, less than a week after it announced it won up to $115 million worth of drill-and-blast services contract extensions with Evolution Mining.

A group of mid-tier contractors has banded together to lobby for the federal government to introduce tougher rules on the flow of work from infrastructure projects.

Subiaco-based SRG Global has won a drill-and-blast services contract extension with Evolution Mining at several of its gold mines in Australia.

SRG Global has reported solid half-year results but its shares fell sharply after it lowered its full-year guidance on the back of project delays.

SRG Global and WBHO Infrastructure have entered a $41.6 million joint venture to deliver the Wanneroo Road and Ocean Reef Road Interchange project.

Shares in Global Construction Services have fallen to a one-year low, on the same day the company's shareholders voted to change its name to that of merger partner SRG Global.

Global Construction Services has announced the SRG Global Merger of Equals to create a leading global specialist engineering, construction and maintenance group.

Global Construction Services has today secured two contracts, totalling $24.6 million, in Victoria.

Global Construction Services has secured a $7.4 million contract in Melbourne, with merger partner SRG set to complete part of the work.

Perth companies Global Construction Services and SRG have announced an agreed merger that brings together their contracting, construction and engineering services into a combined group with an expected value of $332 million.

Global Construction Services has moved to full ownership of its fast-growing east coast subsidiary, Gallery Facades, through a scrip deal worth up to $11.3 million.

Perth-based Global Construction Services has been awarded a new three-year scaffolding contract at CITIC Pacific Mining's Sino Iron project south-west of Karratha.

National dairy products supplier Lion is divesting some of its land holdings in Bentley, including a 2.9-hectare site, following its recent consolidation of the Masters Dairy depot as parts of its three-year growth plan.

Global Construction Services is still negotiating the sale price for its equipment hire business to Onsite Rental Group, but says the division accounted for less than 10 per cent of the group's total revenue.

Global Construction Services has entered into an agreement for the sale of its equipment hire division to Onsite Rental Group for an undisclosed sum.

Global Construction Services' half-owned subsidiary, Gallery Facades, has won a $62 million contract with Lendlease for work on the east coast.

Global Construction Services hopes to gain more exposure to the commercial construction sector on the east coast through the acquisition of a Melbourne-based business for $18.4 million in cash and scrip.

Global Construction Services has received a $27.5 million contract for work on the first stage of Scentre Group's Westfield Carousel shopping centre redevelopment.

The state government has received a proposal for a $1.85 billion World Trade Centre in the Perth CBD from a Middle Eastern-backed private group that includes former Perth Airport manager Neil Kidd.

Probuild has awarded Perth-based Global Construction Services a $59 million contract for work on the $500 million Ritz-Carlton hotel and The Towers apartments project at Elizabeth Quay.

Global Construction Services will pocket $17.5 million when it completes the sale of its stake in Melbourne-based SmartScaff.

Decmil Group and Global Construction Services have swung into the red on the back of large write-downs and restructuring costs, but both are upbeat on the year ahead.

Probuild has secured the state's biggest building coup of 2016, with the national construction outfit understood to have been selected as developer Far East Consortium's preferred contractor for th

Decmil Group founder and director Denis Criddle has spent another $500,000 buying shares in the contracting company, adding to a string of big trades by company directors includng his son Scott Criddle, Chris Ellison, John Rothwell and Enzo Gullotti over the past month, according to BNiQ data.

Global Construction Services has continued to withhold declaring a dividend despite reporting a 7.1 per cent rise in net profit to $8.7 million for the 2015 financial year, but says it hopes to deliver a payout next year.

Global Construction Services has won an extension to its contract to provide all of the onshore and offshore scaffolding works for Woodside Petroleum's North West Shelf project.

Global Construction Services has won a scaffolding contract for the Sino Iron project by Citic Pacific Mining.

Global Construction Services has won an exclusive equipment and labour hire agreement with Brookfield Multiplex.

Henderson-based engineering and construction firm Civmec has won a $73 million steelwork contract for the new Perth Stadium.

Global Construction Services' contracting subsidiary, CASC, has won a $30 million contract for formwork and concrete at the new Perth Stadium.

Western Australian resources companies are increasingly looking to private equity players for funding as an alternative to traditional capital raisings, with more than $300 million in deals just this month.

Redcliffe-based labour and equipment hire business Global Construction Services has secured $14 million through a placement with a Brookfield Asset Management private equity fund, as part of a strategic partnership.

Takeover speculation continues in the state's equipment hire sector, with plenty of interest in Global Construction Services.

Global Construction Services says its 2014 financial year earnings were hit by delays in major projects in the Perth CBD moving from approval to construction and a slowdown in resources-sector demand in the Pilbara, leading to a near-50 per cent fall in net profit.

Global Construction Services has forecast a big fall in full-year earnings amid challenging market conditions and continued delays to major projects.

Two Western Australian companies pushing waste to energy projects worth more than $710 million are planning to start construction within the next year.

Mining and engineering contractors were the biggest losers today when the S&P Dow Jones rebalanced all of its Australian indices, with RCR Tomlinson one of the few to buck the trend.