UGL 0.00% $3.71 ugl limited

Ann: DTZ Sale Completion & Ichthys Update, page-9

  1. 1,651 Posts.
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    It is not always the case to the share price down to $3.00 becaseu if DTZ deal; is good valued , then share price could more than $3.00:

    UGL Managing Director and CEO, Richard Leupen said: “The sale of DTZ enables the Board and management of
    UGL to refocus on the engineering services business, with a clear strategy unambiguously centred on a single
    industry. As a standalone engineering and maintenance services company, UGL will adopt a capital structure and
    dividend policy appropriate for its operating requirements. A robust balance sheet positions UGL strongly for
    future growth opportunities including reinvestment in the core business to drive organic growth with the
    flexibility to consider future acquisition or diversification opportunities.
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    DYOR
 
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