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Tempo chairman Carmelo Bontempo (photo), said Mr Belgiorno-Nettis’s experience would be invaluable to the company.

Belgiorno-Nettis to join Tempo board

Shares in contractor Tempo Australia were up 24 per cent in morning trade after the company announced a $9.5 million placement to a vehicle controlled by Transfield Holdings co-managing director Guido Belgiorno-Nettis.

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Mr Bontempo's experience with Transfield before United Construction will serve him well in the relationship with a working relationship and understanding with Mr Belgiorno Nettis. A good relationship for all parties.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 30/11/18

1 year TSR5 year TSR
329thOzgrowth-6%3%
459thTempo Australia-24%30%
506thMCS Services-31%-47%
741 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

14/09/18
$1.2m Bought
04/09/18
$48k Bought
04/09/18
$21k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

71st↓Tempo Australia$19.2m
72nd-MCS Services$19.1m
74th↑Gruden Group$16.4m
75th↑Ozgrowth$16.0m
239 listed industrial companies ranked by revenue.
Source: Morningstar

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