AI assistant
SOUTHERN CROSS ELECTRICAL ENGINEERING LTD — Capital/Financing Update 2011
Nov 13, 2011
65884_rns_2011-11-13_b19199a8-d132-4336-9b68-4bd17a823fdc.pdf
Capital/Financing Update
Open in viewerOpens in your device viewer
==> picture [297 x 66] intentionally omitted <==
==> picture [185 x 34] intentionally omitted <==
----- Start of picture text -----
SOUTHERN CROSS
ELECTRICAL
ENGINEERING LIMITED
----- End of picture text -----
ASX RELEASE
14 November 2011
Notice of award of contract
Southern Cross Electrical Engineering Ltd (ASX: SXE) overhead powerline construction business, K. J. Johnson & Co Pty Ltd, announced today that it has been awarded a contract with Rio Tinto for their Cape Lambert Port B Project – Supply and Install 33kV Overhead Line.
SXE Managing Director Simon High said “We are extremely pleased with this contract award, which is in line with SXE strategy to build on K. J. Johnson & Co Pty Ltd specialist capabilities in the resource sector.
The contract value is worth in excess of A$15 million. This project, combined with other projects in hand, will take K. J. Johnson & Co Pty Ltd current order book to over A$24 Million. Work will commence immediately on the project and conclude in mid-2012.
K. J. Johnson & Co Pty Ltd specialise in the construction of overhead distribution HV powerlines including switchgear and transformer installations. Other capabilities include design and engineering, asset management, maintenance, repairs, modification and powerline additions.
For further information please contact:
Simon High Managing Director/Chief Executive Officer Southern Cross Electrical Engineering Ltd Telephone: +61 9410 1833 Email: [email protected]
Chris Douglass Chief Financial Officer Southern Cross Electrical Engineering Ltd Telephone: +61 9410 1833 Email: [email protected]