Business Services Industry

Hastie on the acquisition trail.

Australasian Business Intelligence, June, 2009

Byline: Jeffrey Hutton

Jun 22, 2009 (The Australian Financial Review - ABIX via COMTEX) -- Hastie Group is seeking work in the Middle East, after completing a capital raising that cut its debt from $A247 million to $A173 million. The Australian-listed company expects the $A77 million capital raising will dilute full-year earnings by up to $A0.34-a-share. In May 2009, Hastie, which maintains electrical and air-conditioning systems, secured a $A204 million contract with Zayed University in Abu Dhabi.

Publication Date: 23 June 2009

 
HASTIE GROUP LIMITED - ASX HST 
ZAYED UNIVERSITY 
ROYAL NORTH SHORE HOSPITAL 
PATERSONS SECURITIES LIMITED 
FIONA STANLEY HOSPITAL 

Copyright 2009 LexisNexis Australia. All Rights Reserved.

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