Brief: CIMIC Group Announces Update On Ventia Investment

Ventia Services

31/03/2022 07:33

March 31 (Reuters) - CIMIC Group Ltd  CIM.AX :
    * UPDATE ON VENTIA INVESTMENT
    * TO REMOVE ITS NOMINEE DIRECTORS FROM VENTIA BOARD
    * AGREED TO ABSTAIN FROM VOTING ITS SHARES ON CERTAIN
RESOLUTIONS
PUT TO A MEETING OF VENTIA'S SHAREHOLDERS
    * CHANGES WILL REQUIRE CO TO ACCOUNT FOR ITS INVESTMENT IN
VENTIA
AS A FINANCIAL ASSET, WILL RESULT IN A NON-CASH, ONE-OFF GAIN

Source text for Eikon:  ID:nASX2Px62n 
Further company coverage:  CIM.AX 

 ((Reuters.Briefs@thomsonreuters.com;))