WESTSTAR INDUSTRIAL ORD
WestStar Industrial adds $7 million to engineering contract order book
Perth-based construction group WestStar Industrial (ASX: WSI) has added $7 million to its order book through new contracts secured by its engineering contractor business Alltype Engineering. The orders are comprised of multiple new contracts and extensions with existing clients across industries including oil and gas, mining and infrastructure. The deals include new contracts for: process […]
WestStar Industrial buys local construction company, diversifies service offering
Perth-based construction group WestStar Industrial (ASX: WSI) will acquire privately-owned local fabrication and construction company Alltype Engineering Pty Ltd in a fully-funded transaction designed to provide scale and diversification for the group. The acquisition will be based on an upfront initial consideration of approximately $5.9 million in WestStar shares (based on a volume weighted average price) […]
WestStar Industrial subsidiaries rack up new contracts and extensions
WestStar Industrial’s (ASX: WSI) engineering contractor business SIMPEC has been awarded a $5 million contract by Tianqi Lithium Kwinana for the provision of stage one engineering and commissioning support services at Tianqi’s LHPP1 lithium processing plant in Kwinana. It signals an extension to SIMPEC’s current contract at LHPP1 and will comprise structural, mechanical and piping […]
WestStar Industrial posts record cash receipts and largest contract award to date for June quarter
Australian construction and mining services group WestStar Industrial (ASX: WSI) has posted a healthy June quarter performance on the back of record cash receipts and the signing of its largest single contract award to date. Cash receipts for the quarter hit $17.8 million – representing an increase of over 300% on the previous three-month period […]