Thursday, 29 September 2005 02:00

High-risk deal may be rewarding

Ailing construction group Basil Read has announced that its French-based parent company, Bouygues Travaux Publics, will sell 51% of Basil Read to an empowerment consortium.

Monday, 26 September 2005 02:00

Majority stake in Basil Read for black group

Construction group's major shareholder has agreed to sell almost 52% of the group to a black consortium

Monday, 29 August 2005 02:00

Building giants buckle under rand strain

Construction industry heavyweights Aveng as well as Murray & Roberts are expected to report a 'tough' financial year to June in the next few weeks

Wednesday, 15 June 2005 02:00

Basil Read leaves high-stakes table

New CEO Heyns has dropped strategy of chasing big, risky projects in Africa

Wednesday, 01 June 2005 02:00

Basil Read expects 120% rise earnings

Construction group Basil Read expects earnings and headline earnings per share for the six months ending 30 June 2005 to improve by between 100% and 120%

Thursday, 24 March 2005 02:00

The engineer has no clothes

Order books of construction contractors could become useless as a measure of business health in this sector with the apparent rise in the number of contracts gone wrong.

Small was big during the construction sector reporting season that ended last week

Friday, 14 January 2005 02:00

Basil Read CEO talks up company's outlook

Construction company is no longer on a downward slide the company has been stabilised following restructuring initiatives, CEO Marius Heyns said earlier this week

Tuesday, 11 January 2005 02:00

Basil Read reels as four directors quit

Four directors of construction group have resigned, amplifying signals that the company is in trouble

Construction company is heading for a loss in its fullyear results if the group's latest trading statement is to be believed

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