Australia's SRG Global jumps after JV secures contract for WA project

SRG Global

05/10/2022 01:04

** Shares of SRG Global  SRG.AX  rise as much as 3% to
A$0.680, marking their biggest intraday percentage gain since
Sept 20   
    ** Industrial services firm says its aboriginal joint
venture Bugarrba PJV has been awarded a five-year term contract
valued at A$40 mln ($26.03 mln)  urn:newsml:reuters.com:*:nASX4nwc71
    ** Says contract will provide engineered scaffold services
for Iron Bridge Operations in Western Australia
    ** Stock hits highest level since Sept 29 
    ** Stock up 29.4% this year, as of last close 
($1 = 1.5366 Australian dollars)
 (Reporting by Tejaswi Marthi in Bengaluru)
 ((tejaswi.marthi@thomsonreuters.com))