Western Australian-headquartered engineering group VDM Group Ltd, through its subsidiary Keytown Constructions, has been awarded a $4.2 million warehouse construction contract at Hazelmere in outer suburban Perth.
Western Australian-headquartered engineering group VDM Group Ltd, through its subsidiary Keytown Constructions, has been awarded a $4.2 million warehouse construction contract at Hazelmere in outer suburban Perth.
The contract is for the construction of a 5400 square metre, two storey administration and warehouse facility, which will be leased to Best Tractor Parts.
It has an intended completion date of November.
Keytown general manager Paul Carter said he was pleased that Keytown had been given the opportunity to construct the facility.
"This size and type of development is in line with Keytown's strategy of negotiating projects with reputable clients for a successful outcome to the benefit of all parties," he said.
"Structural, civil and overall design is to be carried out by Van Der Meer Consulting and once again this project demonstrates VDM Group's ability to provide its clients with a complete construction package, from concept to completion."
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VDM GROUP AWARDED SIGNIFICANT BUILDING CONTRACT
Perth, 8 May 2006 : VDM Group Limited (ASX : VMG) today announced that its
subsidiary, Keytown Constructions has been awarded a significant construction
project to build a 5400 square metre, two storey administration and warehouse
facility in Hazelmere, WA.
This contract is valued at approximately $4.2m and involves substantial tilt up
panel, concrete, structural steel and civil works, and has an intended completion
date of November 2006.
Keytown's General Manager, Paul Carter said he was pleased that Keytown had
been given the opportunity to construct the facility, which will ultimately be
leased, to Best Tractor Parts. "This size and type of development is in line with
Keytown's strategy of negotiating projects with reputable clients for a successful
outcome to the benefit of all parties."
"Structural, civil and overall design is to be carried out by Van Der Meer
Consulting and once again this project demonstrates VDM Group's ability to
provide its clients with a complete construction package, from concept to
completion".
About VDM Group Limited
VDM Group is a multi-disciplined civil and structural engineering and project
management business comprising four consulting engineering practices and two
contracting companies. With a workforce of over 350 and offices in Western
Australia, Victoria, New South Wales, Queensland and the Northern Territory,
VDM Group has extensive coverage of the Australian market as well as being
represented in selected international markets.
The Company recently completed its initial public offer of $8.2 million, which was
heavily oversubscribed. Listing on ASX commenced on 15 February 2006. For
further information on Company, please visit: www.vandermeer.com.au
