Mining services provider Viento Group has entered a trading halt after a legal dispute with a minority shareholder in its 65 per cent owned subsidiary, Power Infrastructure Services.
Mining services contractor Viento Group has forecast a trading loss in the current half year after disclosing that recently acquired subsidiary HVLV has run into problems on one of its contracts.
Perth mining services company Viento Group has foreshadowed strong growth in revenue and underlying earnings in the current financial year following a series of acquisitions.
Contractor Viento Group plans to broaden its range of services with the purchase of Hazelmere-based switchroom manufacturer HVLV in a prospective deal worth up to $21 million.
