Australia's Decmil Group gains most in 7 weeks on road contract

Decmil

04/01/2022 23:47

** Shares of the construction and engineering firm  DCG.AX 
rise as much as 6.3% to A$0.34, on track for their sharpest
single day pct rise since Nov. 15
    ** Says due to successful results in performance testing for
the engineering, procurement and construction contract involving
Sunraysia Solar Farm, DCG has been approved for unconstrained
ops  urn:newsml:reuters.com:*:nASX4CMyhv
    ** Adds that co recently secured government infrastructure
contracts worth A$27.8 million ($20.12 million)
    ** They include A$23.3 mln contract with Main Roads, Western
Australia and A$4.5 mln contract with Queensland Department of
Transport and Main Roads- DCG 
    ** Shares hit their highest levels since Nov. 25 

    
    
    
($1 = 1.3816 Australian dollars)

 (Reporting by Roushni Nair in Bengluru)
 ((Roushni.Nair@thomsonreuters.com;))