24 November 2020

SRG Global Secures Specialist Facades and Structures Contracts Valued at ~$100m

Highlights:

  • SRG Global has secured two contracts totalling ~$100m
  • Specialist Facades contract with Multiplex for works at the Queens Wharf Residential Tower in Brisbane, QLD
  • Structures contract with D&C Corporation for the Elizabeth Quay West development in Perth, WA
  • $550m of new contract wins since the start of the FY21 financial year

SRG Global Ltd ('SRG Global' or 'the Company') (ASX: SRG) is pleased to announce it has secured two new contracts totalling ~$100m.

The first contract is with Multiplex to complete Specialist Facades works at the Queens Wharf Residential Tower in Brisbane, QLD. The scope of works includes the design, supply and installation of engineered curtain wall facades. The project is expected to start immediately and conclude around March 2023.

The Queens Wharf Residences, Tower 4, is a 67-level residential tower. It is the first of the three residential towers to be constructed as part of the Queens Wharf precinct. Once fully developed, Queens Wharf Residences will be a mixed-use building which includes a Skydeck on Level 26 and recreational facilities on the lower floors.

The second contract, with D&C Corporation, is to complete Structures works at the Elizabeth Quay West development in the Perth CBD, WA. The project is expected to start immediately and end around June 2022. This will be the fourth major contract SRG Global has been awarded in the Elizabeth Quay Water Front Precinct.

David Macgeorge, Managing Director, commented: "We continue to secure significant contracts, on some of the most important developments across Australia, demonstrating the value of our long-term, trusted relationships with our key clients. These contract awards are also evidence of our strong technical expertise and 40-year track record of delivering specialist building projects.

"With $550 million of new contract wins since July, many of them long-term, SRG Global is in a period of significant momentum that we anticipate extending well into calendar 2021. Importantly, the contract wins are being achieved across a diversity of sectors and geographies, positioning SRG Global well for long-term, sustainable growth."

- ends -

Media Contact

Investor Contact

Citadel-MAGNUS

SRG Global

John Gardner

Judson Lorkin

+61 413 355 997

+61 8 9267 5400

About SRG Global

SRG Global is an engineering-led global specialist asset services, mining services and construction group operating across the entire asset lifecycle of engineer, construct and sustain. The Company operates three segments of Asset Services, Mining Services and Construction. For more information about the variety of services offered by SRG Global, click here.

This announcement was authorised for release to ASX by the Managing Director.

2

This is an excerpt of the original content. To continue reading it, access the original document here.

Attachments

  • Original document
  • Permalink

Disclaimer

SRG Globa Limited published this content on 23 November 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 November 2020 23:34:01 UTC