Decmil Group Secures Two Contracts Worth Over $40 million

  • Nov 08, 2019 AEDT
  • Team Kalkine

Decmil Group Limited (ASX: DCG) has bagged two contracts for Carmichael Rail Network to its Queensland business unit. Work is expected to commence immediately on both contracts.

  • The first contract pertains to design and construction for rail accommodation valued at ~$40 million.
  • The second is an initial Early Contractor Services (ECS) contract for $1.4 million to scope the bulk earthworks alongside primary freight rail alignment.

By 1:16 PM AEST, DCG was trading at $0.89, down by 0.5%.

 

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