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SOUTHERN CROSS ELECTRICAL ENGINEERING LTD Capital/Financing Update 2019

Jun 16, 2019

65884_rns_2019-06-16_39f5eb4d-f4ca-47a0-b9e5-140873519934.pdf

Capital/Financing Update

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ASX & media announcement ASX code: SXE

17 June 2019

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Contract Awards

Highlights

  • Over $25m of projects won across the SCEE group

  • Awards in the commercial, and social and transport infrastructure sectors

Southern Cross Electrical Engineering Limited (“SCEE”) is pleased to announce a number of new projects aggregating over $25m in the commercial, and social and transport infrastructure sectors.

Commercial

SCEE’s East Coast-based subsidiary Heyday has been awarded by Mirvac Constructions Pty Ltd the electrical, communications, security and related infrastructure works associated with the redevelopment of the heritage-listed Locomotive Workshop at the Australian Technology Park (“ATP Building 4”) at Eveleigh in Sydney. The project includes demolition of existing services, and installation of infrastructure and services to support 6,200 square meters of retail and exhibition space and 20,000 square meters of commercial space, with base-building, shell and core fitout of all electrical and communication services.

Heyday recently completed Building 1 at the ATP site for Mirvac on behalf of the CBA.

Social infrastructure

Hindmarsh Constructions Pty Ltd has awarded Heyday’s branch in the ACT the initial stage of three for the new Research School of Physics and Engineering located at the Australian National University in Canberra. The project encompasses the supply and installation of new HV infrastructure and specialist earthing and to equip 22 laboratories with specialist lighting, power, control systems, power redundancy systems and communications infrastructure.

Transport infrastructure

In Perth, Siemens Mobility Pty Ltd has awarded SCEE the electrical and civils scope for the 132KV/25KV Traction Power Feeder Station and Track Sectioning Cabin for the electrified rail system on the Forrestfield Airport Link (“FAL”) project. The work to be delivered by SCEE is part of the Public Transport Authority’s Metronet rail expansion programme for the Perth urban rail network.

Comment

Commenting on the awards, SCEE Managing Director Graeme Dunn said “I am pleased we have recently announced such a wide range of contracts. I particularly note the award on the FAL is our first project on the Metronet programme, for which we see opportunities for some years to come.”

Contact

SCEE Perth Office 41 Macedonia Street Naval Base WA 6165 T: +61 8 9236 8300

Graeme Dunn CEO & Managing Director E: [email protected]

Colin Harper Company Secretary E: [email protected]

Southern Cross Electrical Engineering Limited

ABN 92 009 307 046