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An artist's impression of the Precinct on Ogilvie development.

Diploma secures $66m contracts

Diploma Group has been awarded three contracts worth a total of $66 million for the construction of residential and commercial developments in the Perth metropolitan area.

The company has signed a binding heads of agremeent to build 109 apartments at the Marina Edge development in Port Coogee for a subsidiary of local developer TRG Properties, in a deal worth $38 million.

It is the second contract between Diploma and TRG Properties in the Port Coogee precinct, following the award of a $35 million contract for the Ocean Edge development.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Share Transactions

20/12/13
$440k Bought
03/10/13
$6k Bought
03/10/13
$2k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

46th-Merchant House International$95.5m
47th↓Cash Converters International$91.6m
48th↓Diploma Group$90.5m
49th↑Tempo Australia$79.2m
50th↑Resource Development Group$69.5m
201 listed industrial companies ranked by revenue.
Source: Morningstar

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