Perth-based Veris has revealed plans to demerge and publicly list its telecommunications business, Aqura Technologies, following a strong year of growth and significant contract wins.
The telecommunications arm of ASX-listed Veris has secured its second contract from Fortescue Metals Group in recent months, for work at the Pilbara miner's Kangi accommodation village.
Veris's technology and communications business has secured new work with BHP and Oz Minerals, as well as a contract with Cubic Defence Australia, totalling $4.3 million.
