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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 31/05/18

1 year TSR5 year TSR
119thImdex103%9%
135thCoventry Group97%-9%
301stCTI Logistics31%-6%
307thGlobal Construction Services30%14%
407thBWP Trust11%11%
723 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

01/12/17
$303k Sold
29/11/17
$520k Sold
28/09/17
$0 Issued
Total value as at the date of the transaction
Source: Morningstar

Revenue

30th-Global Construction Services$207.6m
32nd↑Imdex$176.4m
33rd↓Coventry Group$173.7m
35th↓CTI Logistics$158.4m
36th-BWP Trust$152.5m
236 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from Global Construction Services

104thEnzo Gullotti$733k
232ndGeorge Chiari$486k
256thPeter Wade$84k
Ranked by total remuneration from all listed WA companies

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