Business
Here’s why the SciDev (ASX:SDV) share price is on the rise today
The SciDev Ltd (ASX: SDV) share price is in the green in late-afternoon trade following an announced contract award.
At the time of writing, the chemical engineering company’s shares are swapping hands for 95 cents, up 3.28%.
What’s moving the SciDev share price higher?
SciDev shares are pushing higher after investors appear upbeat about the company’s latest news.
According to its release, SciDev firstly advised that its proposed acquisition of Haldon Industries is on track. Completion of the takeover is expected to occur before the end of the current quarter.
In addition, the company noted that Haldon has secured a contract with Sydney’s $2.6 billion Gateway Road project.
Founded in 2016, Haldon is an Australian-based…
-
General17 hours agoMan arrested after alleged carjackings, dramatic pursuit in Melbourne CBD
-
Noosa News20 hours agoHow to help kids prepare for music exams and competitions and manage performance anxiety
-
Noosa News20 hours ago‘Stolen’ Skoda speeds near Dreamworld with police helicopter watching
-
General20 hours agoSix NRL players named in England rugby league Ashes sqaud, Man of Steel winner not selected