Business
Cimic (ASX:CIM) share price flat despite another contract win
Cimic Group Ltd (ASX: CIM) shares are flat today despite the company announcing a new contract win with Rail Projects Victoria for a yet-to-be disclosed amount.
At the time of writing, the Cimic share price is up just 0.07% at $26.58.
The scope of work
Cimic says Rail Projects Victoria has appointed its business, UGL, as preferred tenderer to improve rail services for Victoria’s Gippsland Line.
The value of the contract has not been disclosed, and the company says revenue to UGL will be confirmed at contract execution.
The scope of the project includes second platforms and station amenity works at three stations along the line and reactivating the second platform at Traralgon. Civic will also perform track duplication, level…
-
Noosa News13 hours agoWoman found dead in NSW police station car park feared she was being stalked, father says
-
General21 hours agoHomicide detectives investigate death of man in Newcastle unit
-
General12 hours agoHundreds of men march against domestic violence in Alice Springs on Human Rights Day
-
Noosa News19 hours agoMan suffers life-threatening injuries in alleged road rage stabbing in The Gap, Brisbane