Belmont-based GenusPlus Group has launched a $32.8 million initial public offering, with the power and telecommunications contractor planning an ASX listing in December.
Privately-owned contractor GenusPlus Group has completed its fifth acquisition in the space of two years, confirming today it has bought EC&M out of administration with plans to retain a small group of key staff to help rebuild the business.
Insurance broker Gallagher has recently completed two bolt-on acquisitions in Perth as the sector readies for a merger of two of the largest global players.
Engineering and resources sector executive Simon High has taken a new role as Western Australia area director at international insurance broker Gallagher.
Diversified contractor AusGroup has shocked the market with a $69.8 million quarterly loss, admitting it has been forced to write off long-standing contractual claims in order to boost its cash reserves.
Perth-based contractor AusGroup has recruited former Southern Cross Electrical Engineering boss Simon High as chief executive of its engineering services arm.
Southern Cross Electrical Engineering has recruited NRW Holdings chief operating officer, Graeme Dunn, to lead the company as its new managing director.
Southern Cross Electrical Engineering shares jumped nearly 13 per cent today to their highest price since March, after the company announced an annual loss but maintained its dividend and was cautiously positive about its outlook.
Investors didn't respond well to Southern Cross Electrical Engineering advising the market that it did not expect to report a profitable second half of the financial year.
Perth-based contractor Southern Cross Electrical Engineering has reported a 34 per cent slide in profit to $4.1 million for the six months to December, with the company facing challenging and competitive conditions in the sector.
Southern Cross Electrical Engineering managing director Simon High has announced his impending retirement after spending nearly five years at the helm.
Southern Cross Electrical Engineering is the latest WA based company to commence an on-market share buy-back, as the trend towards returning capital to the market continues.
Southern Cross Electrical Engineering has reported a $9.6 million slump in full-year profit to $7.7 million on the back of a 21 per cent fall in revenue to $218.2 million.
Southern Cross Electrical Engineering has won a $70 million electrical and instrumentation works contract from CITIC Pacific for its Sino Iron project at Cape Preston, adding to a $10 million job won two weeks ago.
Perth-based Southern Cross Electrical Engineering has been awarded an electrical and instrumentation contract at CITIC Pacific Mining's Sino Iron project at Cape Preston, worth over $10 million.
Western Australia-based Southern Cross Electrical Engineering has won a $25 million contract with BHP Billiton Iron Ore for electrical and instrumentation works at the Yarnima power station near Newman.
Southern Cross Electrical Engineering has forecast a big fall in net profit for the 2014 financial year, with intense competition for contracts squeezing its margins.
Southern Cross Electrical Engineering has been awarded a $40 million electrical and instrumentation contract at Rio Tinto's Cape Lambert Port B project in the Pilbara and says it is in negotiations with the mining giant to secure further works at the project.
Southern Cross Electrical Engineering has officially opened its new corporate office in Naval Base, a move managing director Simon High says reflects the business's growth and confidence in the yea
