Murray & Roberts's strong performance in the prevailing difficult economic conditions is in line with that of other companies in the sector.
Aveng has agreed to pay an administrative penalty of R46 million as well as develop and implement a formal compliance programme.
South African-based construction firm Murray & Roberts says that the Salam Resort joint venture project in Bahrain has been cancelled.
Top JSE-listed construction companies Aveng and Murray & Roberts were removed from the JSE Top 40 index of blue chip companies.
Engineering and construction company Murray & Roberts has been awarded a major contract to build a terminal at Dubai International Airport with joint venture partner Al Habtoor.
Al Habtoor Murray & Roberts Takenaka Joint Venture has been awarded the contract for Concourse 3 at Dubai International Airport for the Department of Civil Aviation.
Protech Khutele expected headline earnings per share and earnings per share for the six-month period ended August 31 2008 to between 25% and 35%.
Construction group expects earnings and headline earnings per share for the interim period to December to be between 40% and 50% higher than the same period a year ago
The SA construction economy continues to grow faster than GDP and based on macro-economic commitments from government through Asgisa