AusGroup in A$11.8m deal to house marine workers on Australian island
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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, Melville Island, in the Northern Territory, would be transferred to the company, AusGroup said on Tuesday.
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