Edition:
India

Murray & Roberts Holdings Ltd (MURJ.J)

MURJ.J on Johannesburg Stock Exchange

1,133.00ZAc
23 Aug 2019
Change (% chg)

-17.00 (-1.48%)
Prev Close
1,150.00
Open
1,125.00
Day's High
1,144.00
Day's Low
1,120.00
Volume
432,188
Avg. Vol
178,528
52-wk High
1,849.00
52-wk Low
1,000.00

Latest Key Developments (Source: Significant Developments)

Murray & Roberts Announces Award Of $620 Mln Petrochemical EPC Project
Monday, 12 Aug 2019 

Aug 12 (Reuters) - Murray & Roberts Holdings Ltd ::CLOUGH USA INC. ANNOUNCES AWARD OF US$620 MILLION PETROCHEMICAL EPC PROJECT IN THE USA.CLOUGH USA HAS BEEN AWARDED US$620 MLN PETROCHEMICAL ENGINEERING, PROCUREMENT AND CONSTRUCTION PROJECT IN USA.  Full Article

Murray & Roberts Says Competition Commission Not Yet Provided Parties Reasons For Recommendation
Friday, 19 Jul 2019 

July 19 (Reuters) - Murray & Roberts Holdings Ltd ::RECOMMENDATION BY THE COMPETITION COMMISSION OF SOUTH AFRICA."COMPETITION COMMISSION HAS NOT YET PROVIDED PARTIES WITH FULL REASONS FOR ITS RECOMMENDATION".COMMISSION HAS RECOMMENDED TO COMPETITION TRIBUNAL THAT PROPOSED ACQUISITION OF MURRAY & ROBERT BY ATON BE PROHIBITED..INDEPENDENT BOARD TOGETHER WITH ITS ADVISERS WILL REVIEW REASONS FOR RECOMMENDATION ONCE RECEIVED.ATON HAS RIGHT TO CONTEST RECOMMENDATION.SHOULD ATON DECIDE NOT TO CONTEST RECOMMENDATION, MANDATORY OFFER WILL FAIL IN ACCORDANCE WITH ITS TERMS.NOT BEEN ANY SUGGESTION BY ATON OR CO THAT THERE EXISTS LIKELIHOOD OF CURRENT EMPLOYEES OF CO LOSING JOBS IN FORESEEABLE FUTURE.INDEPENDENT BOARD WILL CONTINUE TO ENGAGE WITH REGULATORS AS REQUIRED.  Full Article

S. Africa's Competition Commission Recommends To Tribunal Murray & Roberts/Aton Deal Be Prohibited
Friday, 19 Jul 2019 

July 19 (Reuters) - South Africa's Competition Commission::RECOMMENDED TO COMPETITION TRIBUNAL THAT PROPOSED ACQUISITION OF MURRAY & ROBERT BY ATON BE PROHIBITED.NO SUGGESTION BY ATON OR M&R THAT THERE EXISTS LIKELIHOOD OF CURRENT EMPLOYEES OF M&R LOSING THEIR JOBS IN FORESEEABLE FUTURE.FOUND ATON/MURRAY & ROBERTS ARE CLOSE COMPETITORS, DEAL WILL RESULT IN REMOVAL OF CLOSEST, STRONGEST COMPETITOR.ATON/MURRAY & ROBERTS DEAL WILL CREATE A CO THAT POTENTIALLY HAS FINANCIAL MUSCLE TO BUY PROJECTS/TO DISCOUNT PROJECTS.DURING INVESTIGATION OF ATON/MURRAY & ROBERTS, GOT CONCERNS PROPOSED DEAL TO POTENTIALLY NEGATIVELY IMPACT COMPETITORS.FOUND THAT PROPOSED ATON/MURRAY & ROBERTS DEAL RESULTS IN A SUBSTANTIAL LESSENING OF COMPETITION.  Full Article

Murray & Roberts Holdings Announces Acquisition Of The Terra Nova Technologies Business
Monday, 25 Mar 2019 

March 25 (Reuters) - Murray & Roberts Holdings Ltd ::ACQUISITION OF THE TERRA NOVA TECHNOLOGIES BUSINESS.DEAL FOR A TOTAL CONSIDERATION OF US$38 MILLION.CEMENTATION AMERICAS, WHICH FORMS PART OF MURRAY & ROBERTS UNDERGROUND MINING PLATFORM, HAS ACQUIRED 100% OF TNT.CEMA WILL FUND CONSIDERATION FROM A REVOLVING AND TERM LOAN CREDIT FACILITY AND FROM EXISTING CASH RESOURCES.  Full Article

Murray & Roberts HY Diluted Continuing HEPS 54 Cents
Wednesday, 6 Mar 2019 

March 6 (Reuters) - Murray & Roberts Holdings Ltd ::JSE: MUR - REVIEWED INTERIM RESULTS FOR THE SIX MONTHS ENDED 31 DECEMBER 2018.MURRAY & ROBERTS HOLDINGS LTD - HY REVENUE FROM CONTINUING OPERATIONS DECREASED BY 17% TO R9,8 BILLION.MURRAY & ROBERTS HOLDINGS LTD - HY DILUTED CONTINUING HEPS DECREASED BY 2% TO 54 CENTS (FY2018 H1: 55 CENTS).MURRAY & ROBERTS HOLDINGS LTD - AT DEC-END ORDER BOOK FOR CONTINUING OPERATIONS INCREASED TO R31,7 BILLION (FY2018 H1: R22,1 BILLION; FY2018: R30,1 BILLION).MURRAY & ROBERTS HOLDINGS LTD - BOARD OF DIRECTORS OF COMPANY WILL CONSIDER A FULL-YEAR DIVIDEND POST YEAR-END.MURRAY & ROBERTS HOLDINGS LTD - OIL & GAS AND POWER & WATER PLATFORMS CONTINUE TO FACE CHALLENGING MARKET CONDITIONS.MURRAY & ROBERTS - LOW LEVELS OF CLIENT INVESTMENT AND NEW PROJECTS EXPERIENCING DELAYS AND DEFERRALS IN OIL & GAS AND POWER & WATER PLATFORMS.MURRAY & ROBERTS HOLDINGS LTD - GLOBALLY, OIL AND GAS MARKET IS SHOWING DEFINITE SIGNS OF RECOVERY.MURRAY & ROBERTS-OPPORTUNITIES BEING PURSUED IN SELECTED COMPLEMENTARY MARKET SEGMENTS, WHICH MITIGATES IMPACT OF DOWN CYCLES IN CORE MARKET SEGMENTS.  Full Article

Murray & Roberts Sees FY2019 H1 Diluted HEPS 42 - 47 CPS
Tuesday, 19 Feb 2019 

Feb 19 (Reuters) - Murray & Roberts Holdings Ltd ::EXPECTS FY2019 H1 DILUTED EPS 43 - 48 CPS.EXPECTS TO REPORT FY2019 H1 DILUTED HEPS 42 - 47 CPS.FINANCIAL PERFORMANCE FROM OIL & GAS, POWER & WATER PLATFORMS ARE NOT MEETING MANAGEMENT'S EXPECTATIONS.OIL & GAS, POWER & WATER PLATFORMS CHALLENGING MARKET CONDITIONS TO HAVE CONSIDERABLE NEGATIVE IMPACT ON FY19 CONTINUING OPERATIONS RESULTS.  Full Article

Murray & Roberts Says Clough Salini JV Selected As Preferred Tenderer For Project
Friday, 18 Jan 2019 

Jan 18 (Reuters) - Murray & Roberts Holdings Ltd ::MURRAY & ROBERTS - CLOUGH SALINI JV, HAS BEEN SELECTED AS PREFERRED TENDERER FOR ESTIMATED AU$4 BILLION CIVIL WORKS PACKAGES FOR SNOWY 2.0 PROJECT.  Full Article

S.Africa's NUM Says It Served Strike Notice To Murray & Roberts Cementation
Wednesday, 24 Oct 2018 

Oct 24 (Reuters) - South Africa's National Union of Mineworkers (NUM)::SERVED MURRAY AND ROBERTS CEMENTATION A NOTICE TO RESUME WITH A STRIKE ON THURSDAY 25TH OCTOBER 2018 FROM 6 AM IN ALL OPERATIONS.  Full Article

Murray & Roberts Gets 3.6 Bln Rand In Underground Mining Projects
Thursday, 30 Aug 2018 

Aug 30 (Reuters) - Murray & Roberts Holdings Ltd ::MURRAY & ROBERTS AWARDED R3.6 BILLION IN NEW UNDERGROUND MINING PROJECTS.AWARDS INCLUDE PUMPKIN HOLLOW UNDERGROUND PROJECT IN NEVADA FOR NEVADA COPPER, A SHAFT SINKING PROJECT ON COPPER MINE IN SOUTH AFRICA.  Full Article

Murray & Roberts FY Continuing HEPS 112 CENTS
Wednesday, 29 Aug 2018 

Aug 29 (Reuters) - Murray & Roberts Holdings Ltd ::JSE: MUR - AUDITED ANNUAL PROVISIONAL RESULTS FOR THE 12 MONTHS ENDED 30 JUNE 2018.MURRAY & ROBERTS HOLDINGS LTD - GROSS ANNUAL DIVIDEND INCREASED BY 11% TO 50 CENTS PER ORDINARY SHARE.MURRAY & ROBERTS HOLDINGS LTD - FY REVENUE FROM CONTINUING OPERATIONS, INCREASED BY 2% TO R21,8 BILLION (FY2017: R21,4 BILLION).MURRAY & ROBERTS HOLDINGS LTD - FY CONTINUING HEPS 112 CENTS.MURRAY & ROBERTS - CONSIDERING CURRENT MARKET EXPECTATIONS, CONFIDENT THAT GROWTH PLANS FOR NEXT THREE-YEAR PLANNING PERIOD ARE ACHIEVABLE.MURRAY & ROBERTS HOLDINGS LTD - GLOBAL LIQUID NATURAL GAS MARKETS ARE EXPECTED TO REMAIN IN OVERSUPPLY UNTIL 2021 .MURRAY & ROBERTS HOLDINGS LTD - CURRENTLY, THERE IS LIMITED IMMEDIATE OPPORTUNITY FOR NEW LNG DEVELOPMENTS IN AUSTRALIA .MURRAY & ROBERTS HOLDINGS LTD - PLATFORM IS TARGETING POTENTIAL LNG PROJECTS IN AUSTRALIA, CANADA, MOZAMBIQUE AND PAPUA NEW GUINEA .MURRAY & ROBERTS - FINANCIAL PERFORMANCE OF UNDERGROUND MINING PLATFORM IMPACTED BY MINING COMPANIES CONTINUING TO FOCUS ON CASH PRESERVATION IN FY.MURRAY & ROBERTS HOLDINGS LTD - EXPLORATION IS AT ITS HIGHEST LEVEL IN SIX YEARS AND MINING EQUIPMENT DELIVERY TIMES ARE EXTENDING.MURRAY & ROBERTS - COST MANAGEMENT WILL CONTINUE TO BE A FOCUS AND ALL PLATFORMS ARE TARGETING LEVELS OF OVERHEAD COSTS OF ABOUT 6% OF REVENUE .  Full Article