DRA dra global limited
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News: DRA Dra Global Agrees To Sell Apac Maintenance & Construction Business

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    29/07/22
    11:25
    Post #: 62804902

    July 29 (Reuters) - DRA Global Ltd (DRA) :

    • DRA AGREES TO SELL APAC MAINTENANCE AND CONSTRUCTION BUSINESS
    • DRA WITHDRAWS ITS UNDERLYING EBIT GUIDANCE FOR FY22
    • A NON-CASH, PRE-TAX IMPAIRMENT IN RANGE OF A$17M TO A$20M EXPECTED TO BE RECOGNISED IN DRA'S HY22 STATUTORY ACCOUNTS
    • TRANSACTION WILL SEE TRANSFER OF SELECTED KEY CONTRACTS, ASSETS & LIABILITIES TO KAEFER FOR A$8M (BEFORE ADJUSTMENTS)
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