LEI 1.67% $20.71 leighton holdings limited

News: Leighton Asia railway station

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    Leighton Holdings Limited (ASX:LEI) has secured a $1.2 billion contract to construct a railway station that will connect Hong Kong and China.



    Leighton Asia will construct the West Kowloon terminus station north.



    Leighton’s CEO said the project was in line with the company’s strategy of expanding in Asia.



    Construction is expected to start this month. It’s hoped the project will be completed by 2015.



    Leighton Holdings booked a net loss of $406 million in the 2011 financial year.


 
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