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David Macgeorge (left) will become managing director of the new entity, while Peter Wade will be appointed as chairman.

GCS and SRG to merge into $332m group

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.

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Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 31/10/18

1 year TSR5 year TSR
64thSchaffer Corporation77%29%
361stCedar Woods Properties-3%-0%
386thFleetwood Corporation-7%-7%
485thGlobal Construction Services-21%5%
524thCash Converters International-26%-20%
744 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

27/08/18
$0 Issued
27/08/18
$0 Other
27/08/18
$0 Other
Total value as at the date of the transaction
Source: Morningstar

Revenue

22nd↑Fleetwood Corporation$266.8m
23rd↑Cash Converters International$260.3m
24th↑Global Construction Services$249.5m
25th↑Cedar Woods Properties$242.6m
26th↑Schaffer Corporation$227.2m
239 listed industrial companies ranked by revenue.
Source: Morningstar

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