Dec 28 (Reuters) - Macmahon Holdings Ltd (MAH) :
- CONFIRMS MEDIA REPORTS THAT UNIT HAS COMMENCED PROCEEDINGS IN COURT AGAINST COBURN RESOURCES PTY LTD
- IN PROCEEDINGS, CO CLAIMS RELIEF FROM COBURN IN RELATION TO VARIATIONS OF TIME CLAIMS UNDER CONTRACT FOR BULK EARTHWORKS, AMONG OTHERS
- UNIT SEEKING DAMAGES AND RETURN OF SECURITY TOTALLING APPROXIMATELY A$15.8M
- CO DOES NOT EXPECT PROCEEDINGS, IN PARTICULAR QUANTUM CLAIMED, TO AFFECT FY23 GUIDANCE
News: MAH Macmahon Confirms Media Reports That Unit Has Commenced Proceedings In Court
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