Mid-tier Perth engineering services provider Verbrec has signed an agreement to sell its wholly owned subsidiary Competency Training Ltd to Victorian-based RelyOn Australia.
Our board moves wrap includes Wilbert van den Hoek, David McAuliffe, Josh Hunt, YongJi Duan, Tony Lau, Mark Read, Linton Burns, Faheem Ahmed, Michael Melamed, and Tom Lyons.
The global economic slowdown has forced engineering company Sedgman to write-off $20 million of goodwill value from its Perth-based subsidiary Intermet Engineering, which it bought less than two years ago for $32 million.
