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AusGroup in A$11.8m deal to house marine workers on Australian island

Singapore

AUSGROUP Ltd - a construction and marine services provider - plans to buy an accommodation area worth A$11.8 million (S$11.4 million) that houses staff working in the marine industry in a part of Australia.

Through AusGroup's unit, the group has signed a general deed of settlement and release with Charisma Energy Services (CES), Aus Am Pte Ltd and Kingpost 2 International, under which all legal title and interests in the accommodation village and ancillary facilities located at Port Melville,...

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