CIMIC’s Growth an “Illusion” as Market Value Plunges $1.6bn

10/05/2019 Industry News
Author: admin
Construction giant CIMIC has confirmed it is “in compliance with its disclosure obligations” after stocks tumbled by 7% in just two days - representing a decline in value to $14.6 billion on Tuesday, down from $16.2 billion on Friday. The disastrous market loss comes after Hong Kong research firm GMT made explosive claims that CIMIC had inflated its reported pre-tax…


You have reached exclusive content available only to members.
Plan your next career move with the latest projects, tender wins & people movement from our expert Australian construction news team.

Recent Jobs

Project Manager

Negotiable

Henny

Melbourne 3000, VIC

View Role

Site Manager - Aquatic / Leisure Centre

$180,000 - $200,000

Building Engineering

West Melbourne 3003, VIC

View Role
Recommended posts

Conecta Construction Jobs Marketplace

Conecta is a platform that directly connects commercial construction professionals looking for work with the Construction Companies looking to hire them.

Multiple Jobs. Multiple Builders. One Platform.

Free Sign Up
Recent Jobs

Project Manager

Negotiable

Henny

Melbourne 3000, VIC

View Role

Site Manager - Aquatic / Leisure Centre

$180,000 - $200,000

Building Engineering

West Melbourne 3003, VIC

View Role