Australia's APM Human Services hits 2-week high on new contracts

APM Human Services International

28/03/2022 02:15

** Shares of APM Human Services International  APM.AX  rise
as much as 2.5% to A$2.910, their highest since March 10
    ** Co awarded https://www.asx.com.au/asxpdf/20220328/pdf/457dnwzt2qqqz1.pdf
 44 Workforce Australia contracts across 27 employment regions
in Australia
    ** APM will deliver enhanced services, career transition
services, employability skills training and transition to work
programmes
    ** Says Workforce Australia will come into effect from July
1 and is expected to have A$9 mln ($6.75 mln) of funding over
the initial contract period ending June 30, 2028
    ** As of last close, stock down ~14.7% since its IPO in
November 2021
    

     ($1 = 1.3330 Australian dollars)

 (Reporting by Upasana Singh in Bengaluru)
 ((Upasana.Singh@thomsonreuters.com))