The building sector could be set for a better reporting season than last year, with Murray & Roberts becoming the second company to say earnings would be higher

Concor is now set to delist on 4 July

The Competition Tribunal has unconditionally approved the acquisition of Concor by multi-faceted global contractor Murray & Roberts

Adoption of International Financial Reporting Standards will lead to a once-off expense totalling R98.2m for the company's financial year to end-June 2006

SA's second-largest construction group has upped its R22,30 a share offer for the smaller rival to R28 a share

Shareholders in Murray & Roberts have voted in favour of the company proceeding with the implementation of its broad-based BEE transaction

It should be almost inevitable, considering the broad trends in the economy and government's aspirations to lift growth further, but the trend is becoming more apparent

Murray and Roberts is upbeat about prospects, with directors expecting real growth in headline earnings in the year to June 30 2006

Shareholders will meet to approve the scheme that will lead to Murray & Roberts acquiring the entire share capital of Concor, it has been announced

MURRAY & Roberts, SA’s second-largest construction group, says all of its target markets are showing signs of sustainable growth for the first time in recent history.