Seafarms awards first contract to Allan King & Sons

Company News

by Rachael Jones

Aquaculture company Seafarms (ASX:SFG) has awarded its first contract to Allan King & Sons Construction to commence on ground earthmoving work programs at Legune Station.

They recently formalized a consortium Agreement with Northern Territory based Traditional Owner Company, Legune Construction Ltd, for the work to start this week.

Further contracts are expected to be finalised during the 2018 calendar year including internal construction roads
and civil works associated with the Legune accommodation village.

Shares in Seafarms (ASX:SFG) are trading 3.45 per cent higher at 15 cents.

Rachael Jones

Finance News Network
Rachael comes to FNN after working for Fairfax Media covering international breaking news, including the global economy and politics. She joined FNN in February 2018. She has reported on Australia’s finance news for various organisations since 2000 and has also interviewed a number of key business players, including Bill Gates. Rachael has also worked across a number of countries, including the UK and the US.