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David Macgeorge says the purchase allows SRG to expand into New Zealand.

SRG in $32m NZ buy

Local contractor SRG today announced the purchase of New Zealand-based TBS Group for $NZ35 million ($32.9 million), with a $24 million capital raising being used to part-fund the acquisition.

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SRG (SRG)

Share Price

Closing price for the last 90 trading days
Source: Morningstar

Total Shareholder Return as at 29/03/18

1 year TSR5 year TSR
41stEmeco Holdings245%-14%
110thSchaffer Corporation93%28%
159thLycopodium64%-1%
315thCedar Woods Properties20%9%
340thSRG16%33%
716 WA (and selected non WA) listed companies ranked by 1 year TSR relative to other companies with similar revenue
Source: Morningstar

Share Transactions

09/03/18
$0 Other
09/03/18
$0 Bought
06/03/18
$508k Bought
Total value as at the date of the transaction
Source: Morningstar

Revenue

24th↑SRG$235.2m
25th↑Cedar Woods Properties$222.4m
26th↓Emeco Holdings$221.8m
28th↓Schaffer Corporation$215.0m
29th↑Lycopodium$215.0m
236 listed industrial companies ranked by revenue.
Source: Morningstar

Remuneration from SRG

35thDavid Macgeorge$1.255m
93rdRoger Lee$793k
202ndJoe Thomas$548k
Ranked by total remuneration from all listed WA companies

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