Australia's SRG Global tracks best day in nearly 10 months on contract win

SRG Global

18/05/2022 02:41

** Shares of SRG Global  SRG.AX  rise as much as 8.5% to
A$0.64 - set to mark best day since July 2021, if gains hold
    ** Construction contractor secures A$95 mln ($66.82 mln)
civil infrastructure maintenance term contract from bauxite
miner operator Alcoa of Australia Ltd  urn:newsml:reuters.com:*:nASX3fj2KQ
    ** Says scope of work under contract includes minor civil
works and bauxite residue management services at Alcoa's Kwinana
Alumina Refinery in Western Australia
    ** Stock hits highest level since May 9
    ** Stock up 15.7% this year, as of last close

($1 = 1.4217 Australian dollars)

 (Reporting by Jaskiran Singh in Bengaluru)
 ((Jaskiran.Singh@thomsonreuters.com;))