Leighton wins $100M contract with Rio

Company News

Leighton Holdings Limited’s (ASX:LEI) has been awarded a $100 million contract by Rio Tinto Limited (ASX:RIO).
 
The construction company’s subsidiary John Holland won the contract to build mine infrastructure in the Pilbara region of Western Australia. 
 
Group Managing Director, Glenn Palin, says the project aligns with their strategy of building full service engineering and construction capabilities across the energy and resources sector.
 
The project with commence later this month and is scheduled for completion in April 2015. 
 
Leighton delivered a net profit of $469 million for the 2013 calendar year.

Are you a 708 sophisticated investor?

A sophisticated investor is defined under Section 708 of the Corporations Act (net assets of $2.5 million or annual incomes in excess of $250,000).

They are eligible to receive information regarding wholesale investment opportunities that are not available to regular or retail investors.

Please subscribe if you would like to be alerted to these types of opportunities.