Dec 17 (Reuters) - CIMIC Group Ltd (CIM) :
- SETTLEMENT ACHIEVED ON WEST GATE TUNNEL
- CIMIC GROUP LTD NOW SEES STATUTORY AND UNDERLYING NPAT OF A$400-430 MILLION FOR 2021 FINANCIAL YEAR
- CPBJH JV CONTRIBUTION WILL BE A NEGOTIATED REDUCTION OF REVENUE OF A$600 MILLION
- CPBJH JV WILL FOREGO PROFIT MARGIN FROM PROJECT
- SETTLEMENT ALLOWS TUNNELLING WORKS TO COMMENCE IN EARLY 2022 WITH A REVISED EXPECTED COMPLETION DATE OF LATE 2025
- SETTLEMENT INCREASES CONTRACT VALUE OF PROJECT TO CPBJH JV TO A$8.57 BILLION FROM A$4.99 BILLION
- TERMS PROVIDE FOR CONTRIBUTIONS FROM VICTORIA STATE (A$1.9 BILLION), TRANSURBAN (A$2 BILLION) TO ENSURE PROJECT COMPLETION
News: TCL Cimic Group Says Settlement Achieved On West Gate Tunnel Project
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Last
$13.82 |
Change
0.070(0.51%) |
Mkt cap ! $42.95B | |||
| Open | High | Low | Value | Volume |
| $13.77 | $13.85 | $13.71 | $41.49M | 3.003M |
Buyers (Bids)
| No. | Vol. | Price($) |
|---|---|---|
| 1 | 1199 | $13.82 |
Sellers (Offers)
| Price($) | Vol. | No. |
|---|---|---|
| $13.83 | 1021 | 1 |
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| TCL (ASX) Chart |