MAH 0.00% 28.5¢ macmahon holdings limited

I don't understand Sembawang's pre-occupation with MAH's...

  1. 96 Posts.
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    I don't understand Sembawang's pre-occupation with MAH's construction business. It is really not that big a deal for them. I have read that there is some history between their CEO and Leighton but still....
    They might as well make an offer for the whole of MAH which only has a Market Cap of $ 425 million and a huge backlog of work. Somehow, I just don't think they are quite serious about this deal.
 
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